“Taiwan has no intention of introducing retaliation obligations to the United States,” said Taiwan’s President Rai Qingde on Sunday, announcing the introduction of a new national development strategy. This is the answer to Donald Trump’s Wednesday decision, which imposed a 32% tariff on goods imported from the island.
Lai took five specific measures his administration intends to take to improve terms of business with the US and ensure Taiwan’s “stable economic development.”
Taiwan doesn’t want to go to war with Trump. Instead, support from local businesses
Purchases (including arms) and increased investment in the US, support for local businesses, preparation for long-term development strategies, establishment of new cooperation frames, and more effective support for the private sector were presented as key pillars of the new strategy of the ruling DPP party.
See: Damaged submotin cable. Taiwan refers to China
As a government spokesman said, Rai has already spoken with entrepreneurs across the country. – A reliable analysis of Taiwan’s economic relationships from the US shows that exports to USAS account for only 23%. Total exports. If you just take appropriate action, you can ease the effects of your new obligations and not panic – he said after the meeting.
Taipei, he focuses on the concave surface and Beijing in conflict
The president also reminded him of Taiwan’s contribution to the US economic development and called for strengthening bilateral cooperation, so the issue was resolved through mutual discussion.
See: China responds to the Donald Trump movement. Beijing has decided to impose an obligation on all goods
Taipei’s decision is in contrast to a recent Beijing statement, which has already announced the use of a 34% retaliation obligation on American goods, denounced Washington for “unilateral threats.”
Source: RFI
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