In response to the tariff war! Lai Ching-te convened a meeting with business representatives at the official residence to discuss countermeasures.
- byVic

讀後心得
Lai Qingde convened industry representatives at the official residence this afternoon to discuss the impact of the 32% tariffs imposed by the United States on Taiwan. Participants in the meeting unanimously agreed that Taiwan should focus on its own strengths while expanding its global presence, supporting the government to negotiate with a steady strategy, and prioritizing the proposal for an industrial security plan. A second forum addressing traditional industries and small and medium-sized enterprises will be held tomorrow to further listen to the needs of the businesses. The spokesperson for the presidential office stated that the aim is to assist industries in responding to global economic and trade challenges, stabilize the economy, and maintain Taiwan's competitiveness.
▲Lai Ching-te invited industry representatives to the official residence this afternoon to discuss the tariffs imposed by the United States.
The President of the United States announced a 32% equivalent tariff on Taiwan. To respond to this impact, President Lai Ching-te convened industry representatives for a meeting at the official residence at 3 PM today. Attendees generally agreed that Taiwan should focus on its own strengths while planning globally, supporting the government to negotiate simultaneously while keeping its cards close to the chest. There is no rush to publicly disclose specific plans; instead, they propose to first present industry protection measures and to act after thorough planning.
In response to the U.S. equivalent tariff policy affecting over 170 countries, Lai Ching-te gathered more than ten business representatives for a meeting at 3 PM and plans to hold a second corporate forum tomorrow, specifically to communicate face-to-face with traditional industries and small and medium enterprises, allowing businesses to directly express their needs and views to Lai Ching-te and the Premier.
It is reported that the Premier, on the 4th, led a team to hold a 2-hour press conference focusing on explaining the impact of the U.S. equivalent tariffs on Taiwan's industries and announced an 88 billion assistance plan. The strategic goal is to prioritize stabilizing industry confidence and respond in a multi-faceted manner. Following that, the Premier convened heads of relevant departments such as the Central Bank, the Financial Supervisory Commission, and the Ministry of Finance for detailed discussions on the Taiwanese stock market and industry responses after the holiday. In the afternoon, Lai Ching-te personally convened industry representatives for in-depth communication, and the attending industry representatives discussed their observations on the current market and the government’s support needs.
Attendees expressed that it is necessary to focus on Taiwan while planning globally. Although countries have different response strategies—some choose retaliation, while others compromise or give in—the situations vary by country, and the U.S. has yet to make a final conclusion, so continuous observation is needed. They agree that the government should conduct simultaneous negotiations while keeping its cards close, temporarily avoiding the rush to unveil specific policies, and first present plans that ease industry concerns before moving on to further planning.
In this regard, the spokesperson for the Presidential Office stated that to address the global economic and trade challenges posed by the equivalent tariff policy, Lai Ching-te has invited representatives from the ICT industry for corporate discussions and plans to invite representatives from traditional industries and small and medium enterprises for a second round of discussions tomorrow. The spokesperson pointed out that Lai Ching-te will listen to the opinions and needs from various sectors and explain and communicate the government’s related measures. The aim is to provide maximum support for the industry, stabilize the economic situation, ensure Taiwan's competitiveness globally, and maintain the healthy and sustainable development of the nation's economy.
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