Office of the President Republic of China(Taiwan)

On the morning of July 18, President Lai Ching-te met with international and Taiwanese members of the organizing committee for the 2024 Junior Chamber International (JCI) World Congress. In remarks, President Lai said that Taiwan will host this year’s JCI World Congress, adding that young leaders from many nations will focus on such issues as entrepreneurship and innovation, green economy, and carbon emissions reduction under the event’s theme, “Technological Innovation for a Prosperous and Sustainable Future.” The president thanked JCI for supporting Taiwan and expressed his hope for Taiwan to harness the power for change through this event, as we work together to make the world a better place. A translation of President Lai’s remarks follows: In October, Taiwan will host the 2024 JCI World Congress. Over the past several years, I have enjoyed many interactions with partners from JCI, and I am delighted to be able to welcome you all to the Presidential Office today. I wish the congress great success and thank all of our JCI partners for their contributions. Over the years, JCI Taiwan has been actively involved in public affairs. Its Ten Outstanding Young Persons award encourages young people to contribute even more to society. It was an honor for me to serve as chairman of the panel of judges for the awards and to work with JCI in promoting this meaningful event.  As one of the world’s four major international service organizations, JCI continues to marshal the forces of its 350,000-strong global membership and community resources to promote global development. The 2024 JCI World Congress in October will bring together more than 6,000 people from 120 countries. The event will see young leaders from these nations focus on such issues as entrepreneurship and innovation, green economy, and carbon emissions reduction under its theme, “Technological Innovation for a Prosperous and Sustainable Future.” I understand that JCI President Kaveen Kumar Kumaravel’s vision for his fellow members is “Let’s make a difference!” We are delighted to welcome the president and thank him for helping facilitate Taiwan’s hosting of this year’s world congress, so that we can harness the power for change as we work together to make the world a better place. In closing, I want to extend my special thanks to JCI Chung-Li for winning the bid for Taiwan’s right to host the world congress. And I thank all of our guests once again for supporting Taiwan. I wish you a successful visit and the very best for the JCI World Congress. Also in attendance at the meeting was JCI Secretary General Kevin Hin.

On the morning of September 28, President Tsai Ing-wen attended the opening ceremony of the third session of the World Taiwanese Chambers of Commerce (WTCC) 28th board of directors and supervisors meeting in Kaohsiung. In remarks, President Tsai noted that Taiwanese businesspeople are at the forefront of their various industries and leading Taiwan's international engagement. The president said that Taiwan is showing the world that it is a force for good and demonstrating that it can be a key global economic force. A translation of the president's remarks follows: Whenever I attend WTCC events, I can really feel that the Taiwanese business community is united behind the WTCC. It's deeply moving to see so many Taiwanese businesspeople having traveled from all over the world to be back home. Many others are also taking part in today's meeting online. I hope you can all come back to Taiwan soon. Last week, we announced the gradual loosening of our border restrictions. I am sure that my fellow citizens, everyone in attendance today, and all those joining us online are looking forward to our borders reopening. We are taking another step toward life as normal. On behalf of the government, I want to welcome you all, and to thank the WTCC for providing this opportunity for exchange. We also have a number of friends from the US here at today's event. This past March, when former Secretary of State Michael R. Pompeo visited the Presidential Office, I invited him to visit Taiwan often. I'm very glad that we can see each other again so soon after his last visit. On behalf of the Taiwanese people, I want to welcome Mr. Pompeo, Mr. [Stephen J.] Yates, and Mr. [Christian] Whiton back to Taiwan. Thank you for recognizing Taiwan's importance and supporting Taiwan. On this trip, they have come to Kaohsiung to visit businesses and conduct exchanges with industry representatives and Taiwanese businesspeople. I am confident that this visit will greatly benefit both our nations. We look forward to further expanding Taiwan-US cooperation and exchanges. I want to take this opportunity to thank all of our friends from the Taiwanese business community for working with us to advance our diplomatic efforts and introduce Taiwan to the world. At the start of the pandemic, WTCC partners donated money and supplies to many countries to fight the virus. And after Russia invaded Ukraine, a group of WTCC members traveled to Poland to help Ukrainian refugees. You are always on the frontlines, taking prompt action. For this, I want to express my deepest gratitude to you all. We also hope to work with you all to expand Taiwan's global economic and trade presence. We are closely following the situation faced by our compatriots around the world, and have initiated a relief program to work with our friends in the Taiwanese business community in overcoming the challenges of the pandemic. I have asked the Overseas Community Affairs Council to stay on top of the challenges and operational issues that you encounter abroad, and to give you the utmost support. I also want to tell you all that, as Taiwan continues to engage with the world, the international community also continues to expand its presence in Taiwan and view Taiwan favorably. Under our government's Three Major Programs for Investing in Taiwan, as of this month, we have seen nearly NT$1.8 trillion in cumulative investment from more than 1,250 firms. Through these efforts, we want to show the world that Taiwan is a force for good, and demonstrate that we can be a key global economic force. Taiwan's semiconductor sector is a focus of global attention. Many visitors from abroad, including last week's delegation from the Czech Republic, have told me they hope to step up exchanges with our semiconductor industry. We have been working for some time to shore up our strengths in this sector. Having already established semiconductor academies in cooperation with six schools across Taiwan, we are accelerating our efforts in talent cultivation while continuing to develop Taiwan's semiconductor industry clusters. Over the past two years, Kaohsiung Mayor Chen Chi-mai (陳其邁) has worked hard to improve municipal public services, and has truly spared no effort to help Kaohsiung become a center for semiconductors, high tech, and smart technologies. Just last month here in Kaohsiung, construction started at the Nanzih Technology Industrial Park, where Taiwan Semiconductor Manufacturing Company has chosen to build a new plant. Set to start operation in 2024, this park is initially expected to generate more than NT$150 billion in annual output. I trust you all share my optimistic outlook on Kaohsiung's future development. Aside from semiconductors, our new Ministry of Digital Affairs was established last month. This ministry will help our businesses accelerate digital transformation, promote industrial development, and optimize Taiwan's environment for digital economic growth. Each of you is a leader in your respective industry, and is helping integrate Taiwanese business with the world. With Taiwan's capabilities, technology, and outstanding talent like you, I am confident that Taiwan can also be a leader in global industrial development. I look forward to realizing this goal together with all of you. Thank you once again to the WTCC and all of you here for your support and contributions to Taiwan. I wish you a productive annual meeting. Thank you. American Institute in Taiwan Kaohsiung Branch Office Chief Thomas Wong and former US Secretary of State Michael R. Pompeo also attended the event.

On the evening of January 25 (morning of January 26 Taipei time), Vice President Lai Ching-te attended a videoconference hosted by members of Taiwan's overseas community in Los Angeles to welcome him on a stopover on his trip to Honduras. In remarks during the meeting, the vice president highlighted Taiwan's successes in disease prevention and economic development, and emphasized that Taiwan will work to overcome setbacks in order to further improve our nation and show the international community that we are an active force for good in the world.  In his remarks, the vice president explained that on this visit, he is traveling to Honduras as special envoy of President Tsai Ing-wen to attend the inauguration of the Central American country's first woman President, Xiomara Castro, and that he had specifically arranged to transit through the US as part of the itinerary. The vice president thanked the US government as well as the Ministry of Foreign Affairs for their work to make his stopover safe, smooth, and enjoyable, and added that he had also used the stopover as an opportunity to exchange views with members of US Congress on issues related to Taiwan, cross-strait relations, and Asia more broadly.   Vice President Lai thanked the members of the overseas community in Los Angeles for coming to his hotel to welcome him, and lamented that he would be unable to shake hands with or embrace his friends on this trip because of the pandemic. The vice president mentioned that there had been a relatively small-scale dinner with overseas community members originally planned for the trip, but that because the spread of the pandemic in the US, he had decided to forego the dinner in line with the priority of disease prevention and out of a desire to avoid any oversight that might bring COVID-19 back into Taiwan. The vice president expressed hope that there would nevertheless be many future opportunities for more extensive exchanges, both in Taiwan and in the US.  The vice president explained that on his trip to the Republic of Honduras, the president had given him a three-part mission – to strengthen Taiwan-Honduras ties, bilateral cooperation, and Taiwan's broader international participation – and had also instructed him to express thanks to the leaders and members of Taiwan's overseas community, including for their campaign launched in the early stages of the pandemic to donate face masks and other protective equipment. He added that members of US Congress with whom he had spoken prior to the event had also mentioned this campaign, and said he was deeply proud of the positive impact that our overseas community has had on American society. Vice President Lai mentioned that he had brought spring couplets, red envelopes, and commemorative coins as gifts, and would also present overseas community members with special hanging decorations as tokens of gratitude from Taiwan. On the subject of the COVID-19 pandemic in Taiwan, Vice President Lai pointed out that under President Tsai's leadership, government agencies have worked together effectively, medical personnel have served bravely on the front lines of our response, and the Taiwanese people have cooperated with our government's disease prevention policies. To address the spread of the highly infectious Omicron variant of COVID-19, relevant government agencies have made an all-out effort to promote our national vaccination program, under which, to date, more than 80 percent of Taiwanese have received at least one vaccine shot, and more than 70 percent have received at least two shots. Going forward, our government will continue working to increase third-dose coverage in order to protect the health of our people. The vice president cited members of Taiwan's medical community and public health experts in saying that though the Omicron variant is highly infectious, it has a lower morbidity rate, which has prompted considerations of how to adjust disease prevention policy, as well as an awareness that we will inevitably start to move toward coexistence with the virus. He emphasized, however, that the process would need to be conducted with all due care, and that disease prevention policy would be slowly adjusted so as to preserve social stability, prevent panic, and avoid endangering the health and welfare of our people. The vice president summarized the government's approach, saying that it will develop and implement a comprehensive policy that ensures that neither Taiwan's people, society, nor economy will be affected by the transmissibility of the Omicron variant.    The vice president said that the international community has become aware of Taiwan's strength in public health and our national unity because of our successful response to the pandemic as well as the solid industrial and commercial foundation that we have laid over the past few decades. He noted that the world saw how the creativity and technical prowess of the Taiwanese people allowed us to swiftly make up for shortages in global production capacity, and that Taiwan's economic growth rate for 2020 reached 3.11 percent, the highest among the Four Asian Tigers. In addition, the vice president pointed out that Taiwan has experienced 17 consecutive months of positive growth in export orders, which, together with these other achievements, is the result of everyone's hard work, and shows that containing the pandemic has also stabilized our economy. Vice President Lai also recalled his earlier discussion with members of US Congress, who all praised Taiwan's staunch commitment to democracy, and were also aware of the frequent incursions made by Chinese military aircraft into Taiwan's Air Defense Identification Zone (ADIZ) as well as Beijing's many disinformation campaigns and attempts to divide Taiwanese society. The vice president reaffirmed Taiwan's commitment to democracy and refusal to bow to authoritarianism, and noted that the US is not the only country to firmly support Taiwan, as Taiwan is now seen as a reasonable, united, cooperative, and progressive country on the international stage. He said that democracy is in Taiwan's DNA, and that the unanimous support for Taiwan in both the Democratic and Republican parties is also key to our global image. Vice President Lai emphasized that, going forward, Taiwan will face many challenges, such as reaching our goal of net-zero emissions by 2050, restructuring industrial supply chains in the wake of the pandemic, realizing the structural transformation of our economy, and navigating a changing geopolitical landscape, all of which require us to be united and which, at the same time, provide our country with opportunities for revitalization. The vice president said that, after decades of hard work and dedication, our transformation from an aid recipient to a country that offers external assistance highlights our responsibility to help others. Throughout the COVID-19 pandemic, our overseas community has provided funds and personnel to help fight the pandemic in their local communities, and Taiwan has donated masks to countries in need. Vice President Lai said that we will view setbacks as sources of encouragement in order to further improve our nation and show the international community that Taiwan is a global force for good, and encouraged everyone to work together toward this vision. The vice president concluded by saying that the image of 40 overseas community leaders on his screen was both impressive and heartwarming as a symbol of how Taiwan has had a positive impact on places across the world. He wished everyone taking part in this meeting good health and a happy Year of the Tiger.

On the morning of July 19 local time (evening of July 19 Taipei time), President Tsai Ing-wen concluded her visit to St. Lucia and made a transit stop in Denver on her way back to Taiwan following her Journey of Freedom, Democracy, and Sustainability. The delegation's chartered plane arrived at Denver International Airport after a six-hour flight. Taiwan's Representative to the United States Stanley Kao (高碩泰) and American Institute in Taiwan (AIT) Chairman James Moriarty boarded the plane to welcome the president. The president and her delegation subsequently proceeded to their hotel, where she received a very enthusiastic welcome from the overseas Taiwanese community. In the evening, President Tsai attended a banquet with the local and Taiwanese expatriate communities in Denver. The president thanked the expatriates for their support and said that the government is willing to share with the international community Taiwan's experience and valuable success stories. She reiterated that Taiwan will also stand firm in upholding our democracy, cherishing our freedom, and safeguarding our sovereignty, so that young people will continue to enjoy our free and democratic way of life. Following is a transcript of the president's remarks: Good evening everyone. It's great to be here in the Mile High City. First, I want to take a moment to recognize some of our good friends in the audience tonight. Of course, we have Governor Jared Polis, and Senator Cory Gardner, Congressman Doug Lamborn, and of course, Chairman Moriarty, my old friend, and who was with me in New York as well. It is wonderful to have all of you here with us, and to see friends of Taiwan here in the US. So let's give our US friends a round of applause for their support. I also want to thank members of the Colorado House and Senate for their presence today. Thank you. (End of English remarks) President Tsai continued her remarks in Mandarin and Taiwanese. Following is a translation of her remarks. I would also like to take this opportunity to introduce three legislators that accompanied us on this trip: Legislators Kuan Bi-ling (管碧玲), Lo Chih-cheng (羅致政) , and Chao Tien-lin (趙天麟). They've been hard at work sharing the successes of our trip on social media over the past few days. Let's have a round of applause for these hardworking members of our diplomatic taskforce! I hear that the room is packed tonight. Six hundred guests showed up for this event that was meant or four hundred people. Joining us tonight are many friends from out of state, in addition to those from Colorado. They've driven a long way to be here in Denver tonight. But the person who traveled the farthest to be here tonight is me. I'm the President from Taiwan. Thank you all for driving so far to come to Denver to see me. Really, thank you so much. (End of Mandarin and Taiwanese remarks) President Tsai continued her remarks in English. Following is a transcript of the remarks: Denver is a young, diverse city known for its innovation and creativity. More than that, Denver embodies the freedom of the settlers who built this city, who bravely walked a new path to show the way for future generations. Our Journey of Freedom, Democracy, and Sustainability also led us on a path to find new opportunities for sustainable growth amidst the many challenges that are facing us. This journey took us to Haiti, Saint Kitts and Nevis, Saint Vincent and the Grenadines, and Saint Lucia. We saw how Taiwan is working with each of these countries to achieve the UN Sustainable Development Goals in the Caribbean. And seeing this work in person has only reinforced my belief that Taiwan can, and should, do more to help. We have so much experience to offer the world, whether in sustainable development, economic growth, or good governance. Taiwan's cooperation model is one of reciprocity, of growth that is both tangible and sustainable. Taiwan is and always will be a champion for freedom, democracy, and the rule of law across the globe. Many of you have probably read the speech I gave at Columbia University during our transit in New York, where I told Taiwan's story on the frontlines of democracy. As I prepared to enter the lecture hall that day, a group of Chinese protestors stood across the street, waving banners attacking my freedom of speech, and my duty to speak on behalf of my people. They sought to use their loud voices to stifle Taiwan's voice of hope, to see us back down in the face of their suppression. But I want to be very clear: The people of Taiwan are not, and will never be, intimidated. And neither was I, as I took the stage that day to proudly share our story. Each day, Taiwan stands strong in the face of suppression and growing threats, and the world needs to hear this story. In my three years as president, I have worked to make the voices of the Taiwanese people heard. And I intend to continue to do so for another four years as well. As authoritarian forces seek to subvert freedom around the world, our experiences, and our successes, serve as valuable lessons. Because democracy is our most precious asset, and we must protect it at all costs. That is why the Taiwan-US partnership, grounded in the values of freedom and democracy, is now more important than ever. The US has long worked to maintain a free, democratic, rules-based international system. And Taiwan, as a bastion of democracy in the Indo-Pacific, has been an ideal partner in this endeavor. Our partnership works because we hold many of the same beliefs. Like the city of Denver, we know that the future belongs to the next generation. As president, it's my job to give young people both the freedom to dream, and the opportunity to pursue those dreams. It's also my responsibility to ensure their right to choose their own future through democratic means. And I take these jobs very seriously. That is why my administration has continued to push for reforms that will transform Taiwan's economic structure, giving our economy the flexibility it needs to respond to changes in the global trade order. We have stood steadfast in our defense of Taiwan's sovereignty and democracy. And we are working to counter external forces that look to infiltrate our society by drafting new laws to defend our national security. Our work has paid off across the board. As the world continues to feel the aftershocks of the US-China trade war, Taiwanese firms are returning to invest in Taiwan in record numbers. What's more, many of the world's top innovators, such as Google and Amazon, are expanding their investments in Taiwan. They recognize that our democratic system, strong rule of law, and protection for intellectual property rights create a strong ecosystem where they can invest with confidence. This ecosystem is creating space for young people to innovate and dream big. Seeing the work they are doing, and the vision they have for our future, gives me hope for a brighter tomorrow. Despite the challenges we face, Taiwan's future is promising. The international community stands with us, and we stand determined to contribute more to freedom, democracy, and sustainable development across the globe. (End of English remarks) President Tsai continued her remarks in Mandarin and Taiwanese. Following is a translation of her remarks. Many of you abroad are concerned about Taiwan's future. I know that many of you are very anxious, and feel that China is closing in on us. By using the carrot and stick approach, China wants to force the "one country, two systems" model on Taiwan. Hong Kong is slowly losing its democratic freedoms, so a lot of people are afraid that Taiwan may one day lose its sovereignty and democracy. Taiwan is indeed under tremendous pressure. But there's only one thing that a President must do: Stand up to that pressure. Like I said, no matter whether I was transiting in New York or Denver, or even making State Visits to our diplomatic allies, China's suppression follows me everywhere. This is because they do not want to see a President of Taiwan embracing and engaging the world. The more I do, the more they protest. This freedom to protest can only be enjoyed in democratic countries. Those friends from China should cherish these freedoms that their "motherland" lacks. Just look at what recently happened in Hong Kong, and you will understand how precious freedom and democracy are. This is not just about protests. For some time now, people have seen China wage information warfare, and use disinformation to infiltrate Taiwan's society. Many international press have commented on how China takes advantage of freedom of speech in Taiwan to interfere in our media and subvert Taiwan's freedom. Over the past few years, an endless stream of disinformation has come out of nowhere to attack Taiwan, to attack the Taiwan government, and to attack me. Because we have an election coming up in 6 months, these attacks are increasing by the day. Many of these attacks are ridiculous. But if they go on long enough, they can appear to be true. So when you see questionable information, do not pass it on, immediately investigate, and help clarify it. Those 3 things will help Taiwan defend democracy and protect freedom of speech. Of course, we're already working hard to stop the flow of disinformation that undermines democracy through international cooperation and the amendment of domestic laws. And I also want everyone to know that I'm doing a lot on social media including Facebook, LINE, and Twitter. So please follow me there to get the fastest, most direct information. International and domestic suppression by China never stops. However, I can promise you all that no matter how great the pressure, I will stand firm. Taiwan will also stand firm in upholding our democracy, cherishing our freedom, and safeguarding our sovereignty. We absolutely will not buckle under pressure. I want to remind everyone: For Taiwan, the year 2020 is crucial. This is a test we have to pass. External and internal challenges are growing by the day. So now more than ever, we have to unite to defend Taiwan's democracy. Not just for yourself, and not just for Tsai Ing-wen. It's for the future of our youth. We must protect their future, so that we can all continue to enjoy a free and democratic lifestyle. In 2020, it's crucial that we defend democracy. United we stand, divided we fall. Next January, I invite you all to come back to Taiwan. Let's join forces to fight for Taiwan. Thank you, everyone. Thank you. (End of the president's remarks) AIT Chairman Moriarty noted in his remarks that the passage of the Taiwan Relations Act 40 years ago laid the foundation for the development of Taiwan-US relations, and these relations have indeed flourished. Taiwan enjoys bipartisan support in the United States. Democratic Taiwan and the United States have many shared values, and this makes people-to-people ties between the two countries all the closer. Colorado Governor Polis mentioned that it was a great honor to welcome President Tsai to Colorado on behalf of the people of his state, and that he hoped to take this opportunity to expand economic, trade, and cultural exchanges between Colorado and Taiwan. Noting that Taiwan recently became the first country in Asia to legalize same-sex marriage, the governor praised President Tsai for her strong leadership. Congressman Lamborn, in his remarks, stated that Taiwan and the United States have a deep friendship, and will continue to maintain close cooperative ties moving forward. He also mentioned that he will cooperate with the Trump administration to ensure regular, normalized arms sales to Taiwan. Senator Gardner said that Asia Reassurance Initiative Act was passed to ensure that arms are sold to Taiwan are normalized. He further pledged that he will continue working to enhance Taiwan-US relations, and will actively push for the signing of a free trade agreement with Taiwan. Shortly thereafter, Senator Gardner gave President Tsai a copy of the US Congressional Record as a symbol of the excellent friendship between Taiwan and the United States, and several Colorado state senators and representatives presented President Tsai with a Colorado state flag as well as a US flag.

While transiting in New York on her Journey of Freedom, Democracy, and Sustainability, President Tsai Ing-wen went for a stroll with young Taiwan-Americans in New York City's Central Park on the morning of July 13 (evening Taipei time). New York is an important global center for business, finance, culture, and art, attracting many young Taiwanese-Americans who live, study, and work there. Their stroll gave the president an opportunity to really understand their work situations and lifestyles, and share what she has learned on her journey and her vision for the future of Taiwan. President Tsai took part in this event hoping to encourage young Taiwanese-Americans to develop their professional expertise, and establish more international connections for themselves and Taiwan, by participating in activities of all kinds.   During their stroll, the Taiwanese-American young people welcomed the president with enthusiasm, and their interactions were warm and friendly. President Tsai graciously took group photos, and signed T-shirts and photos to keep as souvenirs. The president, accompanied by American Institute in Taiwan Chairman James Moriarty, then headed for Pier 62 where they boarded a boat for some sight-seeing on the Hudson River, passing the various riverbank parks, One World Trade Center, Wall Street and the Financial District, Ellis Island, Governor's Island, and the Statue of Liberty—symbol of freedom and democracy. Among those attending the event were National Security Council Secretary-General David T. Lee (李大維), Foreign Minister Joseph Wu (吳釗燮), Representative to the United States Stanley Kao (高碩泰), Taoyuan City Mayor Cheng Wen-Tsan (鄭文燦), and Legislators Kuan, Bi-Ling (管碧玲), Chao Tien-lin (趙天麟), and Lo Chih-Cheng (羅致政). After wrapping up her New York City transit stop at noon, President Tsai departed for Taiwan's diplomatic ally, the Republic of Haiti.

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.