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2016-06-26
President Tsai's first-day itinerary in Panama

After a flight of roughly three hours, President Tsai Ing-wen and her delegation arrived at Panama's Tocumen International Airport at 2:30 p.m. local time on Saturday, June 25 (3:30 a.m., June 26, Taipei time).

After President Tsai's chartered aircraft came to a halt on the tarmac, ROC Ambassador to Panama Jose Maria Liu (劉德立) and Director General of Protocol Roberto Zuniga of the Ministry of Foreign Affairs of Panama boarded the plane to welcome her. Panama's Vice-Minister of Foreign Affairs Luis Miguel Hincapie welcomed President Tsai at the foot of the airstair, and then accompanied her in accepting a red-carpet military honor guard salute.

President Tsai said she was honored to lead a delegation to attend the inauguration ceremony for the Panama Canal Expansion at the invitation of Panama's President Juan Carlos Varela Rodriguez. Noting that the Panama Canal is one of the world's great transportation arteries, President Tsai stated that to be taking part in such a momentous event together with heads of state, representatives from other countries, and the government and people of Panama felt a lot like traveling a long distance to attend a good friend's happy occasion, with hearts full of anticipation and happiness.

President Tsai also pointed out that besides taking part in the inauguration ceremony for the Panama Canal Expansion, she will also exchange views with President Varela on the enhancement of Taiwan-Panama relations and other issues of shared interest. Hopefully, she said, direct interactions will enable the two sides to continue strengthening bilateral ties and promoting the well-being of the people of both countries.

President Tsai emphasized that official diplomatic ties between the Republic of China and Panama date back more than a century. Cooperation and exchanges are frequent and bilateral relations grow stronger with each passing year, she said, expressing confidence that the current visit will bring even greater stability and closeness to bilateral friendship and cooperation.

After completing her remarks, President Tsai shook hands with leading expatriates as well as ROC embassy staff and their family members. The atmosphere was filled with excitement. Due to strong international interest in the Panama Canal Expansion, a 15-member delegation from the US House of Representatives Transportation and Infrastructure Committee was attending the ceremony. Led by the committee's chairman, Bill Shuster, this delegation on the afternoon of June 25 visited President Tsai at the hotel where her delegation was staying. The meeting lasted 30 minutes and featured a wide-ranging exchange of views between the two sides.

Delivering remarks in English, President Tsai pointed out that Taiwan and the US both make frequent use of the Panama Canal, and economic development in both countries relies significantly upon trade. Even though Taiwan only has a population of 23 million, it is nevertheless the ninth-largest trading partner of the US, while the US is Taiwan's second-largest trading partner. Trade between the two sides, she said, is generating a great number of job opportunities on both sides of the Pacific Ocean.

President Tsai stated the view that close economic and trade ties constitute a cornerstone of Taiwan-US relations, and expansion of the Panama Canal will have a positive effect. She expressed confidence that completion of the canal expansion will further increase maritime transport between Taiwan and the US east coast.

The trip by President Tsai's delegation marked the first time that a Boeing 777 has ever flown non-stop from Taipei to Miami. Three of the 15 Congress members in the US delegation represent districts in Miami, and were very interested in the possibility of establishing a new flight route. They stated that if such a route can be established, the US ought to be even more supportive of membership for Taiwan in the Trans-Pacific Partnership (TPP).

Turning to the subject of Taiwan-US economic and trade ties, President Tsai told the Congress members that one of her main reasons for visiting Panama is to tour a facility that Taiwan's Evergreen Marine Corp. has built in Panama. In the future, she said, the government hopes to see an increase in foreign direct investment from Taiwan in its diplomatic allies as a means of further consolidating bilateral diplomatic ties.

In the late afternoon, President Tsai's delegation toured the Miraflores Locks of the Panama Canal. After arriving at the Miraflores Locks, President Tsai first went to the Miraflores Visitors' Center to view a 3D exhibit on the Panama Canal, then proceeded to the control center to learn about how the canal is operated. The president then had the opportunity to press the controls that operate the locks, and also visited the viewing platform at the control center to watch a vessel making its way through the canal. She also waved to members of her delegation and accompanying journalists at the viewing platform of the Miraflores Locks on the opposite side.

In the evening, President Tsai attended a banquet with Taiwanese expatriates, who gave her an enthusiastic welcome. In remarks, the president recalled that she had held a reception for expatriates the day after the May 20 celebrations for the inauguration of the ROC president and vice president. When the expatriates enthusiastically shouted, "Add oil!"(Chinese expression of encouragement), she well knew that their wishes were not just for her, but for all the people of Taiwan. The passion of expatriates is always especially intense, and the fervency of their hopes always conveys the fact that no matter how far apart we may be, our hearts are together, and we all care deeply about Taiwan and long to see it become better, said the president.

President Tsai specially thanked those who had come a long way to be at the banquet, and commended the expatriates for all they've done for Panama over the years. They've shown the world the spirit of the Taiwanese people, and have enabled the Taiwanese to contribute to the world, she said.

Noting that she had just toured the Miraflores Locks of the Panama Canal, one of the greatest civil engineering projects in human history, President Tsai stated that her purpose in attending the Panama Canal Expansion ceremony was to impress upon the people of Taiwan that one of Taiwan's far-away diplomatic allies is once again experiencing a great historical event. Many people from Taiwan and Panama have worked side-by-side for a very long time to turn ideals into reality.

As an example, President Tsai mentioned Evergreen Marine Corp., which has invested more in Panama than any other Taiwanese company. Not only does Evergreen Marine create job opportunities for Panama, it has also turned all the Evergreen containers that pass through the canal each day into symbols of Taiwan that reflect very well upon our country. But in addition to Evergreen Marine, she said, many members of the Taiwanese expatriates association in Panama were present at that evening's banquet and have worked for years in local charity undertakings. Their devoted participation in education programs for indigenous communities, for example, has helped to provide a stronger education system for this diverse and beautiful country.

President Tsai also mentioned that in addition to Taiwanese expatriates, a lot of young Taiwanese volunteers have flown across the Pacific Ocean to Panama to contribute their professional skills. The president recalled once seeing a story online about a young lady who had flown halfway across the world to teach Chinese in Panama. Her friends all told her she wouldn't be able to adjust to life in Panama and would be longing to go back home within two weeks. The young lady ended up staying for two years, and was still greatly reluctant to leave because she had contributed her professional skills there, and because the unique experience had greatly expanded her outlook on life.

President Tsai stated that over the past decades many people from Taiwan have traveled to Panama to teach better ways to cultivate fruit trees and better methods for manufacturing processed fish products. All across Panama Taiwanese people are taking part in technical cooperation projects in order to promote both local development and bilateral friendship. In fact, she said, there is a story between Taiwan and Panama's national flower, the Holy Ghost Orchid. This wild plant is an endangered species, and early orchid growers didn't have the needed expertise to cultivate it. As a result, few Panamanians had personally seen one even though most knew of it as Panama's national flower. A few years ago, Huang Chia-hsiang (黃嘉襄), a member of the Taiwan Technical Mission in Panama, took a horticultural expert to Panama together with another person doing alternative military service, and they threw themselves into a project to bring the Holy Ghost Orchid back from the brink of extinction. The orchids they successfully cultivated were delivered to 85 elementary and middle schools so that Panamanian children could get to know their national flower from a young age. In addition to transferring their orchid cultivation technology to Panama, the Taiwan Technical Mission also provided Taiwanese moth orchid seedlings along with technical assistance for their cultivation to help Panama build up its orchid industry. There are many other stories of cooperation of this sort, each involving Taiwanese and Panamanian people working together and sharing in the pride of their collaborative accomplishments.

President Tsai said that the people of Taiwan need to hear such stories, and we need to get more people to take part in such work. When she was preparing to depart on this trip, said the president, she told our countrymen that she intends to conduct steadfast diplomacy, being unwavering and firm in purpose, and working diligently toward achieving our goals; whatever will help us work with other countries toward mutually beneficial outcomes, is something that we should do. This down-to-earth spirit is the Taiwan spirit, she said.

President Tsai stressed that Taiwan is capable of doing much more to contribute to the world. If we work hard, the world will see our goodwill and our sense of responsibility. If we work hard, the entire world will give Taiwan the thumbs up, and our expatriates everywhere will feel proud and say that, being Taiwanese, "there's even wind when we walk" (Chinese expression to convey having great confidence).

Noting that Panama is the first diplomatic ally she has visited since taking office, President Tsai indicated that the two countries have maintained stable and mature ties that date back a century. This past March, Taiwan and Panama signed a new technical cooperation agreement, and a new round of substantial cooperation projects is about to be launched. In the future, more outstanding Taiwanese people will arrive in Panama with professional expertise and an enthusiastic desire to serve. These people will lay a deeper and more solid foundation for bilateral ties. Hopefully, she said, our expatriates living in Panama will also lend a helping hand so that everyone can work together for Taiwan's diplomacy.

Shortly thereafter, Mayor Jose Isabel Blandon of Panama City, the capital of Panama, presented President Tsai with a key to the city and a certificate of honorary citizenship. In remarks, President Tsai noted that Panama City has nearly 500 years of history. Home to many different ethnicities and cultures, it is a vibrant city of great diversity and zest for life. Panama's rapid economic development in recent years, the country's highly advantageous geographic location, and the excellent marine transport services offered by the Panama Canal have combined to make Panama City an important Latin American transportation hub and financial center, she said.

President Tsai remarked that Mayor Blandon is a young and accomplished leader who since taking office has actively pushed his policy agenda to build infrastructure and beautify the city, thereby improving the quality of life. The results have been significant, and the president voiced confidence that Panama City will develop still further under Mayor Blandon's leadership.

President Tsai noted that Panama City has always had very good ties with cities in Taiwan. It has a sister city relationship with Taipei, and Mayor Blandon is scheduled to lead a delegation to Taiwan in September to take part in the 2016 Global Harbor Cities Forum organized by the city of Kaohsiung. While there, he will sign a sister city agreement with Kaohsiung City. The president extended her best wishes to Panama City for smooth administration of the city's affairs, and expressed hope for lasting diplomatic ties between Taiwan and Panama.

Among those in attendance at the banquet with the expatriates were National Security Council Secretary-General Joseph Wu (吳釗燮), Minister of Foreign Affairs David T. Lee (李大維), ROC Ambassador to Panama Jose Maria Liu, Minister Wu Hsin-hsing (吳新興) of the Overseas Community Affairs Council, and Legislative Yuan members Liu Shyh-Fang (劉世芳), Lee Hung-Chun (李鴻鈞), Chen Ying (陳瑩), Chiu Yi-Ying (邱議瑩), Hsu Chih-Chieh (許智傑), and Lin Chun-Hsien (林俊憲).

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President Lai meets Japanese Diet Member and former Minister of Economy, Trade, and Industry Nishimura Yasutoshi
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He said he looks forward to bilateral industrial cooperation in fields including semiconductors, hydrogen energy, AI, and drones, jointly strengthening the resilience of non-red supply chains, and promoting mutual prosperity and development.    A translation of President Lai’s remarks follows: I would like to welcome all the members of the Japanese Diet who are using their valuable Golden Week vacation to visit Taiwan, especially House of Representatives Member Nishimura Yasutoshi, whom former Prime Minister Shinzo Abe deeply trusted and relied on, and who for many years held important cabinet positions. This is his first visit after a hiatus of 17 years, so I am sure he will sense Taiwan’s progress and development. 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Notably, he highlighted, in 2024, business travelers from Taiwan made over six million visits to Japan, and based on population, Taiwan has the highest percentage of visitors to Japan. He also expressed hope that more Japanese people will visit Taiwan for tourism.   Representative Nishimura stated that the delegation visited Kaohsiung yesterday to pay their respects at the statue of former Prime Minister Abe. Then, he said, they traveled to Tainan to sample a wide variety of fruits and local delicacies, during which time they also discussed the Wushantou Reservoir, built by Japanese engineer Hatta Yoichi. Since May 8 is the anniversary of Mr. Hatta’s birth, Representative Nishimura said he hopes to use this opportunity to continue Mr. Hatta’s concern and love for Taiwan, and further deepen the friendship between Taiwan and Japan. 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President Lai meets Atlantic Council delegation
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In particular, Vice President Matthew Kroenig visited Taiwan last June and now is making another trip less than a year later. He also contributed an important article supporting Taiwan to a major international publication, highlighting the concern that our international friends have for Taiwan. We are truly moved and thankful. On behalf of the people of Taiwan, I sincerely thank all sectors of the US for their longstanding and steadfast support for Taiwan. Especially, as we face the challenges arising from the regional situation, we hope to continue deepening the Taiwan-US partnership. Holding a key position on the first island chain, Taiwan faces military threats and gray-zone aggression from China. We will continue to show our unwavering determination to defend ourselves. I want to emphasize that Taiwan is accelerating efforts to enhance its overall defense capabilities. The government will also prioritize special budget allocations to increase Taiwan’s defense spending from 2.5 percent of GDP to more than 3 percent. This reflects the efforts we are putting into safeguarding our nation and demonstrates our determination to safeguard regional peace and stability. During President Donald Trump’s first term, Taiwan purchased 66 new F-16V fighter jets. The first of these rolled off the assembly line in South Carolina at the end of this March. This is crucial for Taiwan’s strategy of achieving peace through strength. In the future, we will continue to procure defense equipment from the US that helps ensure peace and stability across the Taiwan Strait. We also look forward to bilateral security collaboration evolving beyond arms sales to a partnership that encompasses joint research and development and joint manufacturing, further strengthening our cooperation and exchanges. Taiwan firmly believes in fair, free, and mutually beneficial trade ties. 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In closing, I thank Vice President Kroenig once again for leading this delegation, demonstrating support for Taiwan. I look forward to exchanging opinions with you all in just a few moments. I wish you a smooth and successful trip. Vice President Kroenig then delivered remarks, first thanking President Lai for hosting them. He said that it is an honor to be here and to lead a delegation from the Atlanta Council, which consists of a mix of former senior US government officials with responsibility for Taiwan and also rising stars visiting Taiwan for the first time. Vice President Kroenig said that they are here at a critical moment, as there is an ongoing war in Europe, multiple conflicts in the Middle East, and increased Chinese aggression in the Indo-Pacific. Moreover, he pointed out, the regimes of China, Russia, Iran, and North Korea are increasingly working together in a new axis of aggressors. 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Vice President Kroenig emphasized that Americans are willing to support Taiwan in this endeavor, but it will be the people of Taiwan and strong and capable leaders like President Lai at the forefront of this struggle, with the firm support of America. Vice President Kroenig said that as the US and Taiwan work together on these challenges, the Atlantic Council looks forward to offering support behind the scenes. Founded in 1961 to support the Transatlantic Alliance, he said, the Atlantic Council is a global think tank, and part of its DNA is working closely with friends and allies in the Indo-Pacific, including Taiwan. He said they look forward to continuing their close and longstanding cooperation with Taiwan through visiting delegations, research and reports, and public and private events. In closing, Vice President Kroenig thanked President Lai again for hosting them and for the work he is doing to secure the free world. The delegation also included former Deputy Assistant Secretary of Defense for East Asia Heino Klinck and former Director for Taiwan Affairs at the White House National Security Council Marvin Park.
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President Lai meets Japan’s LDP Youth Division delegation
On the morning of May 1, President Lai Ching-te met with a delegation from Japan’s Liberal Democratic Party (LDP) Youth Division. In remarks, President Lai thanked the guests for demonstrating support for deepening Taiwan-Japan ties through concrete actions. The president expressed hope that Taiwan and Japan can continue to conduct exchanges in such areas as national defense, the economy, education, culture, sports, and the arts so that bilateral relations reach even greater heights. A translation of President Lai’s remarks follows: I want to welcome our distinguished guests, who include Diet members in the LDP Youth Division and guests from Junior Chamber International (JCI) Japan, to the Presidential Office. It is also a pleasure to see LDP Youth Division Director Nakasone Yasutaka, House of Representatives Member Hiranuma Shojiro, and House of Councillors Member Kamiya Masayuki again today. I look forward to discussions with all our distinguished guests. The LDP Youth Division and JCI Japan have once again demonstrated support for deepening Taiwan-Japan ties through concrete actions. On behalf of the people of Taiwan, I also want to thank the LDP Youth Division for launching a fundraising campaign to help those affected by the earthquake in Hualien County on April 3 last year. LDP Youth Division members will be important leaders in Japan’s political arena in the future. Taiwan deeply values our exchanges with the Youth Division and hopes to bring about concrete results from such exchanges. Peace and stability in the Taiwan Strait are critical to the security and prosperity of the world, and Taiwan and Japan can work together to promote peace and stability in the Indo-Pacific region. Former Prime Ministers Abe Shinzo and Kishida Fumio, and current Prime Minister Ishiba Shigeru have repeatedly stressed the importance of peace and stability in the Taiwan Strait at important international venues. Taiwan is deeply grateful to Japan’s current and former prime ministers for their concern and support for this issue. Taiwan and Japan can also cooperate in industry and the economy. As our industries are complementary, further cooperation can create win-win outcomes. In the semiconductor industry, for instance, Taiwan’s strengths lie in manufacturing, while Japan’s strengths lie in materials, equipment, and technology. If we work together, the semiconductor industry is sure to see even more robust development. In addition to the economy and national defense, Taiwan and Japan can also conduct exchanges in such areas as education, culture, sports, and the arts. Our countries have long shared deep ties – Director Nakasone’s grandfather, former Prime Minister Nakasone Yasuhiro, was stationed in Taiwan and lived in what is now the Mingde New Residential Quarter of Kaohsiung City’s Zuoying District. I am confident that on the basis of our already solid foundations, Taiwan-Japan relations can reach even greater heights. Director Nakasone then delivered remarks, first thanking President Lai for finding time in his busy schedule to meet with the visiting delegation. He said that the LDP Youth Division sends a visiting delegation to Taiwan each year and is always granted the opportunity to meet with the president, demonstrating his high regard for the delegation, for which the director again expressed his gratitude. He remarked that he, together with House of Representatives Member Suzuki Keisuke, visited Taiwan last July, and that whenever he visits Taiwan, it feels as if he is returning home. Director Nakasone recalled President Lai’s earlier remarks, saying that he hopes the young people of Taiwan and Japan can fully engage in exchanges in the areas of national defense, the economy, culture, education, and the arts. The director said he believes that in today’s complex and difficult international situation, such directives are necessary. This is especially so, he emphasized, during United States President Donald Trump’s second term, when things once taken for granted are no longer so, and when the global economy is undergoing significant changes. Director Nakasone expressed his full support for strengthening Taiwan and Japan’s practical and strategic cooperation. He said he believes each side will be able to benefit from such cooperation and hopes that exchanges will progress toward shared goals. He pointed out that, as maritime nations, Taiwan and Japan share the goals of protecting the ocean and using marine resources wisely, goals that we ought to cooperate on and devote our full efforts to. The peace and stability of the Taiwan Strait are critical to the peace and stability of East Asia and even the world, he said, so we must ensure that the world and its leaders recognize this point, and Japan will do its utmost to advocate for it. Director Nakasone said, on the topic of semiconductors, that Taiwan Semiconductor Manufacturing Company’s new fab in Japan’s Kumamoto Prefecture has made the area very lively, adding that the Japanese government is providing more than 1.25 trillion yen in subsidies. Moving forward, the Japanese government plans to inject an additional 10 trillion yen, he said, to aid in the development of AI and other fields. Noting that Taiwan and Japan both excel in semiconductors, he expressed his hope that each can give free rein to its strengths to produce an even greater effect. Director Nakasone said that despite Taiwan’s facing formidable internal and external circumstances, it saw 4.6 percent economic growth last year under President Lai’s strong leadership, and it continued to promote measures to enhance overall societal resilience, all of which is admirable. In closing, the director thanked President Lai once again for taking the time to meet with them. Also in attendance were Japanese House of Representatives Members Nemoto Taku and Fukuda Kaoru, and Japan-Taiwan Exchange Association Taipei Office Chief Representative Katayama Kazuyuki.
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2025-04-29
President Lai meets NBR delegation  
On the morning of April 29, President Lai Ching-te met with a delegation from the National Bureau of Asian Research (NBR). In remarks, President Lai stated that as Taiwan stands at the very frontline of defense of global democracy, we are actively implementing our Four Pillars of Peace action plan, which includes continuing to enhance our national defense capabilities, demonstrating our commitment to defending freedom and democracy. The president said he hopes to further advance national security and industrial cooperation between Taiwan and the United States. He also expressed hope that this will help boost economic resilience for both sides and establish each as a key pillar of regional security, elevating our relations to even higher levels. A translation of President Lai’s remarks follows: I am delighted to meet with Admiral John Aquilino again today. I also warmly welcome NBR President Michael Wills and our distinguished guests from the bureau to Taiwan. I look forward to exchanging views with you all on Taiwan-US relations and the regional situation. During his tenure as commander of the US Indo-Pacific Command, Admiral Aquilino placed much attention on the Taiwan Strait issue. And the NBR has conducted a wealth of research and analysis focusing on matters of regional security. Thanks to all of your outstanding contributions and efforts, the international community has gained a better understanding of the role Taiwan plays in the Indo-Pacific region and in global democratic development. For this, I want to extend my deepest gratitude. Taiwan stands at the very frontline of defending global democracy and is located at a strategically important location in the first island chain. We are actively implementing our Four Pillars of Peace action plan, which includes continuing to enhance our national defense capabilities, building economic security, demonstrating stable and principled cross-strait leadership, and standing side-by-side with the democratic community to jointly demonstrate the strength of deterrence and safeguard regional peace and stability. At the beginning of this month, I announced an increase in military allowances for volunteer service members and combat troops. The government will also continue to reform national defense and enhance self-sufficiency in defense. In addition, we will prioritize special budget allocations to ensure that Taiwan’s defense budget exceeds 3 percent of GDP. These efforts continue to strengthen Taiwan’s self-defense capabilities and demonstrate our commitment to defending freedom and democracy. As we mark the 46th anniversary of the enactment of the Taiwan Relations Act, we thank the US government for continuing its arms sales to Taiwan and strengthening the Taiwan-US partnership over the years. We believe that, in addition to engaging in military exchanges and cooperation, Taiwan and the US can build an even closer economic and trade relationship, boosting each other’s economic resilience and establishing each as a key pillar of regional security. I expect that your continued assistance will help advance national security and industrial cooperation between Taiwan and the US, elevating our relations to even higher levels. Once again, I welcome our distinguished guests to Taiwan and wish you a pleasant and successful trip. I hope that through this visit, you gain a more comprehensive and in-depth understanding of Taiwan’s economy and national defense. Admiral Aquilino then delivered remarks, thanking the Ministry of National Defense for the invitation and President Lai for receiving and spending time with them. Mentioning that this is his second visit in five months, he said he continues to be incredibly impressed with the president’s leadership and the actions he has taken to secure Taiwan and defend its people. Admiral Aquilino said that he has watched the efforts of the ministers on whole-of-society defense to demonstrate deterrence and added that the pace of the work is nothing short of inspiring. Admiral Aquilino noted that Taiwan’s thriving democracy is incredibly important to the peace and stability of the region. He stated that he, alongside the NBR, will continue to offer support, noting that President Wills and his team are an asset to Taiwan and the US that helps continue our close relationship and ensure peace and stability in the region.  
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2025-04-06
President Lai delivers remarks on US tariff policy response
On April 6, President Lai Ching-te delivered recorded remarks regarding the impact of the 32 percent tariff that the United States government recently imposed on imports from Taiwan in the name of reciprocity. In his remarks, President Lai explained that the government will adopt five response strategies, including making every effort to improve reciprocal tariff rates through negotiations, adopting a support plan for affected domestic industries, adopting medium- and long-term economic development plans, forming new “Taiwan plus the US” arrangements, and launching industry listening tours. The president emphasized that as we face this latest challenge, the government and civil society will work hand in hand, and expressed hope that all parties, both ruling and opposition, will support the measures that the Executive Yuan will take to open up a broader path for Taiwan’s economy. A translation of President Lai’s remarks follows: My fellow citizens, good evening. The US government recently announced higher tariffs on countries around the world in the name of reciprocity, including imposing a 32 percent tariff on imports from Taiwan. This is bound to have a major impact on our nation. Various countries have already responded, and some have even adopted retaliatory measures. Tremendous changes in the global economy are expected. Taiwan is an export-led economy, and in facing future challenges there will inevitably be difficulties, so we must proceed carefully to turn danger into safety. During this time, I want to express gratitude to all sectors of society for providing valuable opinions, which the government regards highly, and will use as a reference to make policy decisions.  However, if we calmly and carefully analyze Taiwan’s trade with the US, we find that last year Taiwan’s exports to the US were valued at US$111.4 billion, accounting for 23.4 percent of total export value, with the other 75-plus percent of products sold worldwide to countries other than the US. Of products sold to the US, competitive ICT products and electronic components accounted for 65.4 percent. This shows that Taiwan’s economy does still have considerable resilience. As long as our response strategies are appropriate, and the public and private sectors join forces, we can reduce impacts. Please do not panic. To address the reciprocal tariffs by the US, Taiwan has no plans to adopt retaliatory tariffs. There will be no change in corporate investment commitments to the US, as long as they are consistent with national interests. But we must ensure the US clearly understands Taiwan’s contributions to US economic development. More importantly, we must actively seek to understand changes in the global economic situation, strengthen Taiwan-US industry cooperation, elevate the status of Taiwan industries in global supply chains, and with safeguarding the continued development of Taiwan’s economy as our goal, adopt the following five strategies to respond. Strategy one: Make every effort to improve reciprocal tariff rates through negotiations using the following five methods:  1. Taiwan has already formed a negotiation team led by Vice Premier Cheng Li-chiun (鄭麗君). The team includes members from the National Security Council, the Office of Trade Negotiations, and relevant Executive Yuan ministries and agencies, as well as academia and industry. Like the US-Mexico-Canada free trade agreement, negotiations on tariffs can start from Taiwan-US bilateral zero-tariff treatment. 2. To expand purchases from the US and thereby reduce the trade deficit, the Executive Yuan has already completed an inventory regarding large-scale procurement plans for agricultural, industrial, petroleum, and natural gas products, and the Ministry of National Defense has also proposed a military procurement list. All procurement plans will be actively pursued. 3. Expand investments in the US. Taiwan’s cumulative investment in the US already exceeds US$100 billion, creating approximately 400,000 jobs. In the future, in addition to increased investment in the US by Taiwan Semiconductor Manufacturing Company, other industries such as electronics, ICT, petrochemicals, and natural gas can all increase their US investments, deepening Taiwan-US industry cooperation. Taiwan’s government has helped form a “Taiwan investment in the US” team, and hopes that the US will reciprocate by forming a “US investment in Taiwan” team to bring about closer Taiwan-US trade cooperation, jointly creating a future economic golden age.  4. We must eliminate non-tariff barriers to trade. Non-tariff barriers are an indicator by which the US assesses whether a trading partner is trading fairly with the US. Therefore, we will proactively resolve longstanding non-tariff barriers so that negotiations can proceed more smoothly. 5. We must resolve two issues that have been matters of longstanding concern to the US. One regards high-tech export controls, and the other regards illegal transshipment of dumped goods, otherwise referred to as “origin washing.” Strategy two: We must adopt a plan for supporting our industries. For industries that will be affected by the tariffs, and especially traditional industries as well as micro-, small-, and medium-sized enterprises, we will provide timely and needed support and assistance. Premier Cho Jung-tai (卓榮泰) and his administrative team recently announced a package of 20 specific measures designed to address nine areas. Moving forward, the support we provide to different industries will depend on how they are affected by the tariffs, will take into account the particular features of each industry, and will help each industry innovate, upgrade, and transform. Strategy three: We must adopt medium- and long-term economic development plans. At this point in time, our government must simultaneously adopt new strategies for economic and industrial development. This is also the fundamental path to solutions for future economic challenges. The government will proactively cooperate with friends and allies, develop a diverse range of markets, and achieve closer integration of entities in the upper, middle, and lower reaches of industrial supply chains. This course of action will make Taiwan’s industrial ecosystem more complete, and will help Taiwanese industries upgrade and transform. We must also make good use of the competitive advantages we possess in such areas as semiconductor manufacturing, integrated chip design, ICT, and smart manufacturing to build Taiwan into an AI island, and promote relevant applications for food, clothing, housing, and transportation, as well as military, security and surveillance, next-generation communications, and the medical and health and wellness industries as we advance toward a smarter, more sustainable, and more prosperous new Taiwan. Strategy four: “Taiwan plus one,” i.e., new “Taiwan plus the US” arrangements: While staying firmly rooted in Taiwan, our enterprises are expanding their global presence and marketing worldwide. This has been our national economic development strategy, and the most important aspect is maintaining a solid base here in Taiwan. We absolutely must maintain a solid footing, and cannot allow the present strife to cause us to waver. Therefore, our government will incentivize investments, carry out deregulation, and continue to improve Taiwan’s investment climate by actively resolving problems involving access to water, electricity, land, human resources, and professional talent. This will enable corporations to stay in Taiwan and continue investing here. In addition, we must also help the overseas manufacturing facilities of offshore Taiwanese businesses to make necessary adjustments to support our “Taiwan plus one” policy, in that our national economic development strategy will be adjusted as follows: to stay firmly rooted in Taiwan while expanding our global presence, strengthening US ties, and marketing worldwide. We intend to make use of the new state of supply chains to strengthen cooperation between Taiwanese and US industries, and gain further access to US markets. Strategy five: Launch industry listening tours: All industrial firms, regardless of sector or size, will be affected to some degree once the US reciprocal tariffs go into effect. The administrative teams led by myself and Premier Cho will hear out industry concerns so that we can quickly resolve problems and make sure policies meet actual needs. My fellow citizens, over the past half-century and more, Taiwan has been through two energy crises, the Asian financial crisis, the global financial crisis, and pandemics. We have been able to not only withstand one test after another, but even turn crises into opportunities. The Taiwanese economy has emerged from these crises stronger and more resilient than ever. As we face this latest challenge, the government and civil society will work hand in hand, and I hope that all parties in the legislature, both ruling and opposition, will support the measures that the Executive Yuan will take to open up a broader path for Taiwan’s economy. Let us join together and give it our all. Thank you.
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