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2025-04-21

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"880 billion cannot cope with the tariff war! Guo Guowen suggests learning from the 'Vietnam model'"

讀後心得
Reporter Su Yan-nan reported that DPP legislator Guo Guo-wen pointed out that the government's 88 billion NT dollar subsidy cannot effectively respond to the impact of the United States imposing a 32% tariff on Taiwan. He urged the government to reference the model of Vietnam, propose more targeted solutions, and accelerate negotiations with the US side. Guo emphasized that merely relying on subsidies is insufficient to stabilize the industry, as orders may shift to regions with lower tariffs, and the tariffs and tax system for industries such as automobiles need to be re-evaluated.

Guo Guowen stated on the 5th that the government's NT$88 billion subsidy is insufficient to cope with the 32% tariff that the United States is about to impose on Taiwan, which will impact our country's traditional industries. Premier Su Tseng-chang announced yesterday the allocation of NT$88 billion in special budget as a subsidy, but Guo Guowen emphasized that if Taiwan does not actively negotiate, orders may shift to regions with lower tariffs, which is the biggest concern for businesses. If the industry moves out, even an NT$88 billion subsidy would be difficult to recover.

Guo Guowen mentioned that the "Vietnam model" can be referenced and called on the government to propose a similar plan as soon as possible and to engage in relevant negotiations with the US. He posted on Facebook titled "Lower automobile tariffs and commodity taxes, reference the Vietnam model for negotiations with the United States!", emphasizing that in the face of a 32% tariff, the reduction of automobile tariffs has sparked more discussion.

  • First, Guo Guowen pointed out that reliance solely on procurement to reduce trade deficits is not enough. He mentioned that the "tariff" proposed by the US President is based on trade deficit data, and the government has clear actions to expand purchases of US natural gas, strengthen investments and factory establishment in the US, but these will take time to yield effects.
  • Secondly, he discussed the importance of tariffs and trade barriers, stating that Taiwan's negotiations with the United States cannot only rely on the procurement of energy and agricultural products; lowering import tax rates should also be included as a negotiating chip, especially for the automotive industry.
  • Third, Guo Guowen reiterated that the NT$88 billion subsidy may not effectively address the tariff war; without active negotiation, orders may still shift, which will have a severe impact on businesses.
  • Finally, he mentioned the success of the "Vietnam model" and called for Taiwan to propose a similar plan as soon as possible and negotiate with the standard of the president.

Guo Guowen also warned everyone to pay attention to the impact of the "US-Japan Semiconductor Agreement" and the "Washington Plaza Accord" on Taiwan's economy. He emphasized that the government must propose more targeted plans than the NT$88 billion to retain Taiwan's industries.