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2025-04-21

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The Executive Yuan allocated 88 billion to respond to the equivalent tariffs from the United States; Hou You-ih: The central government should take swift remedial actions.

The Executive Yuan allocated 88 billion to respond to the equivalent tariffs from the United States; Hou You-ih: The central government should take swift remedial actions.
讀後心得
U.S. President Trump announced a 32% reciprocal tariff on Taiwan. Taiwan's Executive Yuan Premier Chen Chien-jen held a press conference to launch NT$88 billion in 20 assistance measures across 9 key areas. New Taipei City Mayor Hou You-ih called on the central government to quickly negotiate with the U.S. for better terms and emphasized that local governments will focus on the impacted information and communication technology and electronic industries, and will hold industry development consultation meetings. He believes that the NT$88 billion assistance plan offers limited help for the long-term development of industries and that the business environment, particularly energy supply, must be improved. The government's policies include loan subsidies, tax reductions, and strengthening export capabilities, among others.

U.S. President Trump announced tariffs of up to 32% on Taiwan. On the evening of the 4th, Executive Yuan Premier Su Tseng-chang held a press conference, announcing that the government would roll out a total of 20 measures across 9 key areas, with a total assistance program of 88 billion TWD. New Taipei City Mayor Hou You-ih pointed out that compared to other countries, which have already understood and prepared in advance, he urged the central government to strengthen its response during the crisis, actively negotiate with the United States, and strive for more favorable conditions.

Hou You-ih believes that compared to other countries that have already grasped and prepared in advance, he urges the central government to take action.

Regarding the Executive Yuan's press conference yesterday, New Taipei City Government Spokesperson Lee Li-jen pointed out that the industries impacted by the new U.S. tariff policy mainly include manufacturers of information and communication equipment and electronic components, with New Taipei City holding an important position in this regard. Mayor Hou You-ih has begun making calls to express concern for the relevant enterprises and is exchanging opinions regarding local government support, with plans to urgently convene an industry development advisory committee.

Lee Li-jen relayed that Hou You-ih believes that compared to other countries that are already prepared, the central government must strengthen its response, actively negotiate with the U.S. to secure better conditions. The Executive Yuan's 88 billion TWD assistance program is indeed insufficient for the long-term development of the industry; the focus should be on how to stabilize the foundation of local enterprises, including improving the overall operating environment, especially ensuring a stable energy supply.

The Executive Yuan's assistance measures include loan subsidies, tax reductions, as well as strengthening export capabilities, guiding transformations, and exploring diverse markets to enhance the international competitiveness of industries. In particular, small and medium-sized enterprises and traditional industries will receive special attention from the government, along with relevant countermeasures proposed.

  • Taiwan faces the impact of high tariffs
  • Hou You-ih calls for central government response measures
  • The Executive Yuan’s 88 billion TWD assistance program is insufficient
  • Emphasizing the improvement of the operating environment and stability of energy supply