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2025-04-21

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Lai Ching-te held a seminar at the official residence, where representatives from the information and communication technology industry unanimously supported the idea of "planning before taking action."

Lai Ching-te held a seminar at the official residence, where representatives from the information and communication technology industry unanimously supported the idea of
讀後心得
In response to the 32% tariffs imposed by the United States on Taiwan, President Lai Ching-te held a seminar for information and communication technology companies at the presidential residence on the afternoon of the 5th. A second meeting will be held on the 6th, inviting representatives from traditional industries and small and medium-sized enterprises. The purpose of the meeting is to gather opinions and needs from the industry and to emphasize that the government will fully support the industry and stabilize the economy. Participants believe that a strategy should be devised before taking action, proposing an industry safety plan to prepare for medium- and long-term strategic layouts. The Executive Yuan is also holding relevant meetings regarding this event to seek stability in industrial confidence and economic development.

In response to the 32% tariff imposed by the U.S. President on Taiwan, President Lai Ching-te held a forum with representatives from the information and communication technology industry at his residence this afternoon (5th) and plans to invite representatives from traditional industries and small and medium-sized enterprises for a second forum on the 6th. He hopes that these two forums will allow the industry to express their frontline views and needs directly, while the government will provide the most substantial support to stabilize the economic situation.

According to reports, attendees generally agreed that the government should negotiate based on the existing leverage and not rush to reveal its hand, suggesting that it should plan carefully and then act, first proposing a reassuring plan for the industry. The forum held at the residence aimed to establish a medium- to long-term strategic response layout.

Forum on information and communication enterprises

The spokesperson for the Presidential Office stated this afternoon that in response to the global economic and trade challenges brought by the tariff policies, President Lai invited multiple representatives from the information and communication industry for discussions at the residence today, and tomorrow will gather representatives from traditional industries and small and medium-sized enterprises for a second forum. The spokesperson pointed out that the President hopes to hear the primary opinions and needs from all sectors regarding the industry and communicate about the government's related response measures, aiming to provide the greatest support to stabilize the economic situation and ensure Taiwan's industry competitiveness globally.

In this context, Executive Yuan Premier Su Tseng-chang and his team held a two-hour press conference at the Executive Yuan yesterday, focusing on the implications of the U.S. tariffs on Taiwan's industry and announcing a support plan of NT$88 billion, with a strategic goal of prioritizing the stabilization of industry confidence. Various government departments will also collaborate extensively to collectively tackle challenges.

Taiwan's response to U.S. tariff meeting

In response to the 32% tariff announced by U.S. President Trump on Taiwan, Executive Yuan Premier Su Tseng-chang held a press conference on the 4th to explain the government's assessment and response measures. Subsequently, he called a meeting over the weekend with relevant heads from the Central Bank, Financial Supervisory Commission, and Ministry of Finance to discuss in detail the response of the Taiwan stock market and industry following the consecutive holidays.

Financial market response

After the meeting, Lai Ching-te emphasized that the industry representatives present generally agreed on the need to establish a base in Taiwan while expanding globally. Although the response strategies of different countries vary, including retaliation, yielding, or partial compromise, each country's situation is unique, and the U.S.'s final decision remains undecided and requires continuous observation. The attendees also agreed that the government should negotiate simultaneously, refrain from hastily revealing its hand, and should first offer a reliable industry support plan, making sure to plan carefully before taking action.