The impact of the "32% tariff" in the United States is intensifying! Lai Ching-te convenes a meeting with representatives from the ICT industry and will invite traditional industries and small and medium-sized enterprises to participate tomorrow... The Presidential Office spokesperson responded.
- byVic

讀後心得
The Executive Yuan Premier Su Tseng-chang conveyed President Lai Ching-te's instructions, emphasizing the need to fully support industries and stabilize the economic situation. In response to the newly announced 32% tariff by the United States, Lai Ching-te has already met with the business sector and announced an 88 billion relief plan to address the impact. Today (the 5th), Lai Ching-te will once again hold discussions with representatives from traditional industries and small and medium-sized enterprises. Participants suggested that the government should first propose a安心方案 (reassurance plan) and formulate medium- and long-term response strategies to maintain Taiwan's industrial competitiveness.
Premier Su Tseng-chang stated yesterday that President Lai Ching-te has instructed that the most important preparatory work at present is to provide maximum support to the industry to stabilize the economic situation. In response to the United States implementing reciprocal tariffs, in addition to the Executive Yuan's proposal of a NT$88 billion relief plan, Lai Ching-te also held discussions with representatives from the business community at the official residence today, which has been confirmed by the Presidential Office spokesperson.
On the 3rd of this month, the President of the United States announced a new global tariff policy, which imposes a tariff as high as 32% on Taiwan, causing significant impact on Taiwan's industries. Therefore, Su Tseng-chang held a two-hour press conference yesterday at the Executive Yuan and announced that NT$88 billion would be invested to assist the relevant industries, with the strategic goal of prioritizing the stabilization of industrial confidence.
Earlier today, Su Tseng-chang convened a meeting with relevant heads from the Central Bank, Financial Supervisory Commission, Ministry of Finance, and others to report on financial measures, engaging in further detailed discussions on the stock market and industry responses post-holiday. In addition to the actions taken by the Executive Yuan, Lai Ching-te also invited several representatives from the Information and Communications Technology (ICT) industry to hold corporate discussions at the official residence today.
In response to media inquiries regarding Lai Ching-te's discussions with business representatives today, the Presidential Office spokesperson stated that this was to address the global economic and trade challenges brought about by the reciprocal tariff policies. Kuo Ya-hui pointed out that Lai Ching-te will also invite representatives from traditional industries and small and medium-sized enterprises for a second corporate discussion tomorrow to listen to the front-line opinions and needs of the industry, and to explain and communicate the government’s related response measures, aiming to provide the greatest support to the industries, stabilize the economic situation, ensure Taiwan's industrial competitiveness on a global scale, and protect our national interests while maintaining steady economic progress.
According to sources, the participants all agreed that future actions should be planned. Although countries have different responses, including retaliation, submission, or partial compromise, each country’s situation varies, and the United States has not reached a final conclusion, requiring further observation. Therefore, everyone concurred that the government should utilize its leverage for negotiation, suggesting the initial proposal of an industry reassurance plan, and that the discussions held at the official residence today and tomorrow aim to establish a medium- to long-term strategic response layout.