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2025-04-19

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In response to the U.S. tariff war! Lai Ching-te reveals five major strategies "not to retaliate."

In response to the U.S. tariff war! Lai Ching-te reveals five major strategies
讀後心得
In response to the United States imposing a 32% tariff, President Lai Ching-te recorded a video in the evening, presenting five countermeasures and emphasizing that the government will collaborate with the private sector to seek support from the Legislative Yuan and promote Taiwan's economic development. He pointed out that despite the challenges, Taiwan's trade structure still demonstrates resilience and called on the public not to panic. The specific strategies include: forming a negotiation team to improve tariffs, expanding procurement and investment with the United States, eliminating trade barriers, supporting affected industries, and promoting economic transformation and enhancing industrial status. Lai Ching-te reaffirmed that Taiwan will withstand the impact and strengthen economic cooperation with the United States.

In response to the tariff battle with the United States, Lai Ching-te recorded a video in the evening to report on five strategies he will propose. The U.S. has imposed a 32% tariff on Taiwan, raising concerns domestically. Lai Ching-te emphasized that the government will collaborate with the private sector, hoping that the Legislative Yuan will support this effort without division between parties, to jointly seek broader avenues for Taiwan's economy.

Lai Ching-te pointed out that the U.S. has imposed tariffs under the pretext of "reciprocity," which will have a significant impact on Taiwan's economy, altering not only the global trade landscape but also the economic dynamics within Taiwan. While Taiwan's economic resilience still exists, careful responses are necessary in the current predicament to avoid panic.

Regarding the "reciprocal tariffs" from the U.S., Lai Ching-te stated that Taiwan does not plan to retaliate with tariffs but will make it clear to the U.S. the contributions Taiwan makes to the American economy. He reiterated that Taiwan will actively respond to changes in the global economy and enhance industrial cooperation with the U.S., laying out the following five strategies:

  • Strategy One: Improve reciprocal tariffs through negotiations, including forming a negotiation team led by the Vice President.
  • Strategy Two: Provide necessary support and assistance to affected industries, especially aid for small and medium-sized enterprises.
  • Strategy Three: Propose a medium-to-long-term economic development plan to strengthen cooperation with friendly countries and enhance Taiwan's industrial ecosystem.
  • Strategy Four: Strengthen Taiwan's investment environment and assist businesses in making necessary adjustments regarding inventory issues and human resources.
  • Strategy Five: Launch an industrial listening tour to actively listen to industry needs and resolve issues promptly.

Lai Ching-te urged the public that after facing various challenges in the past, not only has Taiwan successfully overcome difficulties, but it can also transform crises into opportunities. He looks forward to facing future challenges together with the public, opening new economic development paths for Taiwan.