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2023-05-25
President Tsai attends 2023 Europe Day Dinner

On the evening of May 25, President Tsai Ing-wen attended the 2023 Europe Day Dinner. In remarks, President Tsai pointed out that the theme for the event, "Strengthening Taiwan's Resilience," symbolizes our enduring partnership and celebrates the European business community's contributions to Taiwan's growth and resilience in the face of many challenges. The president stated that from policy to diplomacy, Taiwan-Europe cooperation has continued to grow, especially in recent years, and that our relationship is strong because we share democratic values and hold common goals, adding that she looks forward to seeing even greater progress in our cooperation in the years to come.

A transcript of President Tsai's remarks follows:

This is the seventh time I attend this event hosted by the ECCT (European Chamber of Commerce Taiwan), and I have not missed a single dinner during my time as president.

I see many familiar faces here. In fact, just this March, I met with many representatives of EU member states who are here with us tonight. It's great to see you all again.

Since the last time we met here, the ECCT has elected its 2023 chairman and board members. Mr. [Giuseppe] Izzo, let me congratulate you on your reelection as ECCT chairman and thank you for the invitation. Having known Chairman Izzo for so many years, I am confident that under his leadership, the ECCT will continue to grow and thrive.

And I would also like to express my thanks to Representative [Filip] Grzegorzewski. Since 2019, he has been a tireless supporter of the Taiwan-EU partnership. And his efforts have given momentum to our cooperation as we move forward post-pandemic.

The theme for tonight is "Strengthening Taiwan's Resilience." This symbolizes our enduring partnership, and celebrates the European business community's contributions to Taiwan's growth and resilience in the face of many challenges.

Without a doubt, the past few years have been challenging for Taiwan, for Europe, and for the entire world in many ways. We have witnessed the pandemic, supply chain disruptions, inflation, and intensifying climate change. All the while, rising authoritarianism has made the challenges even more serious, with Ukraine still fighting against Russia's invasion.

We have nevertheless met these challenges and persevered, and we have emerged as stronger, more resilient partners. From policy to diplomacy, Taiwan-Europe cooperation has continued to grow, especially in recent years.

In 2021, the EU launched its Strategy for Cooperation in the Indo-Pacific, which emphasizes the importance of the region to global stability, and encourages cooperation with Taiwan. At the beginning of this year, the European Parliament passed the European Chips Act, laying a strong foundation for the Taiwan-EU partnership in strengthening the security of chip supply as well as addressing supply chain resiliency.

As part of the Taiwan-Europe Connectivity Initiative that I announced last year, Taiwan has established the Central and Eastern European Investment Fund and associated financial mechanisms, to reinforce economic ties in strategic industries such as biotechnology and electric vehicles. As an example, in Lithuania, the fund is used to spur cooperation between Taiwan and Lithuanian businesses in the development of lasers and biotechnology. Our Ministry of Foreign Affairs will also provide €10 million in three years, beginning from this year, to establish semiconductor cooperation in Lithuania.

Our efforts to develop the Six Core Strategic Industries and our policies to transition to net-zero emissions align well with the EU's Green Deal and digital strategy. As energy security and climate change are challenges to any economy, European companies' investments in the green energy sector have been instrumental to the development of wind power, especially offshore wind power, in Taiwan. The largest wind farm so far, which is with European investment, that is Formosa 2, began operations earlier this month.

In this regard, I would like to thank the ECCT for its Low-Carbon Initiative (LCI) that promotes awareness and solutions to help Taiwan reduce its carbon emissions. And I am aware of the recent growth in LCI membership, which I believe coincides with the increase in European firms' participation in our green energy sector.

Last year, we saw unprecedented support for Taiwan from the parliaments of the EU and its member states, with over 30 resolutions, motions, and statements, and more than 15 European visiting delegations as well.

This year, we have already received many delegations from Europe, including those from France, Sweden, and the UK. Just over a month ago, we welcomed the largest European delegation from the Czech Republic, with over 150 members.

In addition, over the past few months, several European leaders have voiced support for peace in the region. European Commission President [Ursula] von der Leyen stated that the stability of the Taiwan Strait is of paramount importance. And EU High Representative [Josep] Borrell emphasized how crucial it is to maintain peace in the region.

I want to take this opportunity to express my gratitude for these powerful demonstrations of solidarity. Not only do they mean a lot to Taiwan; they help inspire confidence for broader support.

European leaders recognize that the Taiwan Strait is one of the most strategically important waterways in the world, with approximately half of global container ships passing through it each year. Support for a resilient Taiwan and maintaining peace across the Taiwan Strait are therefore key to global prosperity.

Last year, trade between Taiwan and Europe continued to grow, totaling US$92 billion, the cumulative investment by European businesses in Taiwan exceeded US$55 billion. The EU now is Taiwan's largest source of foreign investment.

These numbers are testament to our thriving economic connections, as well as a reminder of their immense potential. We hope to continue to widen the horizons for cooperation by negotiating a bilateral investment agreement, which would not only bring us closer economically, but also help ensure the security of Taiwan, Europe, and the world.

Our relationship is strong because we share democratic values and hold common goals. We attach great importance to human rights, democracy, and the rule of law. And it is these values that allow us to collaborate so effectively and to prosper together.

The importance of such cooperation among democracies cannot be stressed enough as we prepare for the challenges ahead. But our collective strength gives us hope for a more secure and prosperous future.

Once again, let me thank Chairman Izzo, Representative Grzegorzewski, and all the European representatives for your unwavering support for our partnership. I wish you all an enjoyable evening and look forward to seeing even greater progress in our cooperation in the years to come. Thank you.

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2025-08-28
President Lai attends opening ceremony of 53rd Asian-Pacific Parliamentarians’ Union General Assembly
On the morning of August 28, President Lai Ching-te attended the opening ceremony of the 53rd Asian-Pacific Parliamentarians’ Union (APPU) General Assembly. In remarks, President Lai thanked the APPU for long providing a platform for countries around the world to engage in legislative diplomacy, exchanges, and cooperation, promoting prosperity and progress in Asia. The president stated that Taiwan will adopt three initiatives in working together with other countries: demonstrating determination to safeguard regional peace, boosting cooperation with diplomatic allies, and leveraging the APPU platform to strengthen cooperation with other nations in Asia to jointly promote peace, prosperity, and economic development in the Asia-Pacific region. A translation of President Lai’s remarks follows: First, on behalf of the government and all the people of the Republic of China (Taiwan), I would like to welcome our distinguished guests from many countries who have come all the way to Taiwan to participate in the APPU’s 53rd General Assembly. The APPU’s predecessor, the Asian Parliamentarians’ Union, was an organization that former Japanese Prime Minister Kishi Nobusuke launched an initiative to found in 1965. This year marks the organization’s 60th year, and it is a great honor for Taiwan to host this year’s historic assembly. I would like to thank Speaker Han Kuo-yu (韓國瑜), president of the Legislative Yuan, Deputy Legislative Speaker Johnny C. Chiang (江啟臣), and members of both the ruling and opposition parties for taking on this important responsibility. I would also like express my gratitude to the APPU for providing this platform for many years for legislators from around the world to engage in legislative diplomacy, exchanges, and cooperation, promoting prosperity and progress in Asia. The theme of this year’s general assembly encompasses strengthening societal resilience and legislative cooperation in the Asia-Pacific region, with a special focus on sustainable economic development, boosting resilience in society, and promoting cooperation on all manner of issues. These not only closely align with Taiwan’s development needs, but are also very important matters in the Asian region currently. The Asia-Pacific has collectively faced various challenges including the SARS outbreak in the 2000s, the COVID-19 pandemic in the 2020s, climate change, and shifting geopolitics. Therefore, it is very important to find ways to build cooperation among different countries through the APPU platform. Taiwan will adopt three initiatives in working together with other countries: First, we will demonstrate determination to safeguard regional peace. There is already a strong consensus in the international community that peace and stability in the Taiwan Strait are indispensable to security and prosperity in the Indo-Pacific region. Taiwan not only has the responsibility to maintain its own security, but also has a duty to uphold peace and stability in the region. This is why Taiwan has adopted the Four Pillars of Peace action plan, the first pillar being to strengthen national defense. Next year, we will devote over 3 percent of GDP to defense spending, and we aim for defense spending, as it is defined by NATO, to reach at least 5 percent of GDP by 2030. The second pillar is to build economic resilience, helping Taiwanese businesses expand their global presence and international markets from a solid base here in Taiwan. From 2010 to last year, Taiwanese investment in China fell from 83.8 percent to 7 percent of total outbound investment. Our investment targets have now shifted to Japan, the United States, and Europe. Next is to strengthen cooperation with other countries, so as to uphold the spirit of democracy, freedom, and respect for human rights. Shoulder to shoulder, we will demonstrate the strength of deterrence and achieve peace through strength. Lastly, Taiwan is willing, on the condition of parity and dignity, to engage in exchanges and cooperation with China to promote peace and mutual prosperity across the strait. Second, we will boost all manner of cooperation with our diplomatic allies. Last year, I visited our allies Tuvalu, the Republic of the Marshall Islands, and the Republic of Palau. I was grateful for the warm welcome of the heads of state and legislatures of these three nations, and also witnessed Taiwan’s close collaboration with our allies in regard to climate change. Going forward, we will continue to strengthen all manner of cooperation with our allies, alongside Japan, the US, Australia, and other nations in Asia, to promote mutual prosperity and development. Third, Taiwan will leverage the APPU platform to strengthen cooperation with other nations in Asia. I ask that the legislators of APPU countries support all aspects of cooperation with Taiwan. Unity and cooperation are powerful, benefitting not only all member states, but also greatly benefitting prosperity and development in the region. To close, I wish the assembly great success and that the legislators here can take advantage of this visit to gain an even deeper understanding of Taiwan.
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2025-08-27
President Lai meets delegation from Inter-Parliamentary Alliance on China
On the afternoon of August 27, President Lai Ching-te met with a delegation from the Inter-Parliamentary Alliance on China (IPAC). In remarks, President Lai thanked IPAC for continuing to support Taiwan through concrete actions. President Lai emphasized that Taiwan will continue to bolster its national defense capabilities and deepen collaboration with democratic partners to enhance deterrence. The president expressed hope that IPAC, through its inter-parliamentary network, will be able to bring together even more like-minded partners to stand side by side in protecting democracy, peace, and prosperity in the region and around the world. A translation of President Lai’s remarks follows: I thank our dear friends from IPAC for visiting and for demonstrating staunch support for democratic Taiwan. In July last year, the largest ever multinational delegation of lawmakers visited Taiwan to attend IPAC’s annual summit in Taipei. The summit adopted an IPAC model resolution on United Nations General Assembly Resolution 2758 to help Taiwan counter China’s lawfare. Because of IPAC’s principled actions, the national parliaments of countries including the United Kingdom, the Netherlands, and the Czech Republic, as well as the European Parliament, have passed Taiwan-friendly resolutions or motions. The executive branches of numerous countries have also openly expressed support for Taiwan. We look forward to seeing even more countries join this effort. I also want to thank IPAC for continuing to support Taiwan through concrete actions this year. It expressed concern over China’s military exercises around Taiwan this April and condemned China for planning a collision with then-Vice President-elect Bi-khim Hsiao’s car during her visit to the Czech Republic last March. IPAC also arranged events to engage with Taiwan’s high-level delegation during the Copenhagen Democracy Summit held in Denmark.  In recent years, China has continued its political and military intimidation against Taiwan and neighboring countries. These actions have severely disrupted regional peace and stability. And as China, Russia, and other authoritarian regimes continue to converge, democracies must foster more comprehensive cooperation so as to safeguard peace, freedom, and democracy. Moving ahead, Taiwan will continue to bolster its national defense capabilities and deepen collaboration with democratic partners to enhance deterrence. Our defense spending, as defined by NATO, will reach 3.32 percent of GDP in 2026. And our goal is to increase that number to five percent of GDP by 2030. This will help Taiwan enhance its self-defense capabilities and further contribute to the maintenance of regional peace and stability. Taiwan will also work alongside other democracies in such fields as energy, AI, and high tech to build more resilient industrial structures and democratic supply chains, demonstrating greater unity, spurring greater economic prosperity, and further consolidating our democracy. Looking ahead, I hope that IPAC, through its inter-parliamentary network, will be able to bring together even more like-minded partners to stand side by side in protecting democracy, peace, and prosperity in the region and around the world. IPAC Co-founder and Member of the Parliament of the United Kingdom Iain Duncan Smith then delivered remarks, first thanking President Lai for taking the time to meet with them. He said that their visit here the last few days has been incredibly helpful to chart the course for IPAC over the next year. MP Smith said that IPAC will be holding a much bigger meeting in Belgium in November to discuss the rising challenge we face today. We see this challenge manifested in Ukraine, he pointed out, with Russia’s brutal invasion of that country, and the coming together of a threatening group of authoritarian states such as Iran, North Korea, and China, to support Russia in that endeavor. He said that this obviously has an impact on a variety of different areas, and particularly, what is happening there has an impact on the treatment of Taiwan in the future. What they wish, he underlined, is to draw the attention of all the governments that are part of IPAC to this issue and to stop authoritarian states from doing something similar here. MP Smith said that IPAC now has members from various parties in the parliaments of 53 countries who, whether on the left or right, cooperate together against the threat of the autocracy in China. They wish, he said, to bring together all of the freedom-loving states of the world to recognize the threat that is now posed to our democracies and freedoms, and to group together to protect those here in Taiwan.  The delegation also included former Foreign Minister of Poland Anna Fotyga, Member of the Swedish Riksdag (parliament) Magnus Berntsson, and IPAC Co-founder and Executive Director Luke de Pulford.
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2025-08-18
President Lai meets study delegation from Japan’s LDP Youth Division
On the afternoon of August 18, President Lai Ching-te met with a study delegation from the Youth Division of the Liberal Democratic Party of Japan (LDP). In remarks, President Lai stated that Japan and Taiwan have deep ties of friendship, and that the two nations share a strong belief in the values of democracy and freedom. With global circumstances rapidly changing, the president expressed hope to continue enhancing cooperation, not only to stabilize the regional situation, but also to boost the resilience of both countries’ economies and bring about win-win outcomes for the economies and industries of both Taiwan and Japan. A translation of President Lai’s remarks follows: I want to first extend a warm welcome to our good friends in the LDP Youth Division, who are once again visiting Taiwan. This past May, I met with Japanese House of Representatives Members Nakasone Yasutaka, Hiranuma Shojiro, and Katou Ryusho, as well as House of Councillors Member Kamiya Masayuki at the Presidential Office, and I am happy that LDP Youth Division Central Standing Committee Chair Suda Akira has also joined the delegation to exchange views on various topics today. I want to thank the LDP Youth Division for the many years it has played a key role in Taiwan-Japan exchanges and spurred deeper bilateral understanding and cooperation. Japan and Taiwan have deep ties of friendship. Whenever Taiwan has faced difficulties, Japan has always lent a helping hand and offered warmth. After a major earthquake struck Taiwan on April 3 last year, the LDP Youth Division raised donations to support reconstruction. Prime Minister Ishiba Shigeru and many members of the Japanese Diet also expressed condolences when Taiwan was hit by typhoons and torrential rains these last two months. Such gestures have deeply moved us. Taiwan and Japan share a strong belief in the values of democracy and freedom. In the face of expanding authoritarianism, I again thank the government of Japan, from former Prime Minister Abe Shinzo to Prime Minister Ishiba, for continually emphasizing the importance of peace and stability in the Taiwan Strait at US-Japan summits, G7 leaders’ summits, Quadrilateral Security Dialogues, and other international venues. With global circumstances rapidly changing, I look forward to Taiwan and Japan working together amid the shifting geopolitical landscape, not only to stabilize the regional situation, but also to continue enhancing cooperation and competitiveness in such industries as semiconductors, AI, military, security and surveillance, and next-generation communications. This will boost the resilience of both our economies, bringing about win-win outcomes for the economies and industries of both Taiwan and Japan. House of Representatives Member Nakasone, who also serves as the director of the LDP Youth Division, then delivered remarks, stating that Taiwan and Japan share many universal values and have common interests in addition to substantive cooperation in many areas. Taiwan-Japan relations are now better than ever, he said, and expressed hope that based on this strong foundation, we can work together to enhance mutual cooperation, with the Youth Division providing support. Director Nakasone expressed condolences for the recent typhoons and torrential rains in Taiwan, which impacted many people. Taiwan and Japan both experience natural disasters frequently, he said, but they lend a helping hand to each other every time a disaster occurs. He noted that next year, Japan will formally establish a disaster prevention agency whose main tasks include international cooperation. He then expressed hope that both countries will share disaster prevention-related intelligence, information, and experience, and strengthen cooperation in this field. Director Nakasone indicated that there are numerous wars going on in the world right now, as well as frequent attempts to change the status quo by force in various places. Among them, Taiwan is facing a tense situation in the Taiwan Strait, and Japan is similarly facing threats from China, Russia, and North Korea. He stated that we must show, both at home and abroad, the determination to save one’s own country, and establish the mechanisms to do so. Taiwan and Japan, as trusted partners, must closely cooperate to promote regional peace and stability, the director said. Noting that in his remarks, President Lai had mentioned cooperation in semiconductors, Director Nakasone said that both sides have strengths not only in semiconductors, but also in next-generation communications and AI. There are many things that Japan can learn from Taiwan, he said, and expressed hope that cooperation in related fields can boost the industrial competitiveness of both countries. Director Nakasone said that currently, whether for Japan or Taiwan, governing is not easy. In particular, he said, the rise of social media platforms has made the democratic system even more complex; however, government leaders must protect the people and the nation. He then expressed hope that Taiwan and Japan will work together to address these challenges, and that the younger generation will also play an important role. The delegation was accompanied to the Presidential Office by Japan-Taiwan Exchange Association Taipei Office Chief Representative Katayama Kazuyuki.
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2025-08-14
President Lai meets Brookings Institution delegation  
On the morning of August 14, President Lai Ching-te met with a delegation of experts and scholars from the Brookings Institution. In remarks, President Lai thanked friends in the government, Congress, and think tanks in the United States for their longstanding and bipartisan support. The president said that in face of mounting threats and coercion from China, Taiwan is actively bolstering its national defense capabilities, building up economic security, and continuing to work alongside the US and other like-minded countries to defend Taiwan’s democracy and safeguard peace and stability in the Indo-Pacific region. A translation of President Lai’s remarks follows: I warmly welcome our good friend Mr. Ryan Hass, director of the John L. Thornton China Center at Brookings, who is once again leading a delegation of esteemed scholars to Taiwan. I am also delighted to meet Dr. Philip Gordon, former US national security advisor to the vice president, and Dr. Constanze Stelzenmüller, director of the Center on the United States and Europe at Brookings, who are both visiting for the first time. The Brookings Institution, established over a century ago, is one of the oldest and most influential think tanks in the US. Its analyses and policy recommendations have consistently been highly valued by the international community. We cherish our friendship with you, and I hope that during this visit you will be able to gain even greater insights into Taiwan through exchanges with various parts of our society. The Taiwan of today is a Taiwan of the world. Taiwan is not just a crucial link in global democratic value chains and the first island chain in the Indo-Pacific, it is also an indispensable part of global non-red supply chains. The Taiwan of today owes its development and achievements to the democracy-loving, hard-working Taiwanese people. I want to especially thank our friends in the government, Congress, and think tanks in the US for their staunch, longstanding, and bipartisan support. Taiwan faces mounting threats and coercion from China – including through military and economic means, gray-zone aggression, united front infiltration, and media and cognitive warfare. In response, Taiwan is implementing the Four Pillars of Peace action plan and is bolstering its national defense capabilities, building up economic security, and working alongside the US and other like-minded countries. This March, I also unveiled 17 response strategies to defend Taiwan’s democracy and safeguard peace and stability in the Indo-Pacific region. Facing changes in and the restructuring of the international economic and trade order, Taiwan will continue to strengthen economic and trade relations with the US, building on our already solid foundation, to create mutually beneficial outcomes. Whether it is the current reciprocal tariff negotiations or the agreement for the avoidance of double taxation, which would benefit both Taiwan and the US, we hope through joint efforts to reach a consensus as soon as possible. This will deepen our cooperation across all domains, as we work together toward progress and prosperity. I believe that by upholding our shared values and continuing our close cooperation, Taiwan and the US will be able to pave a broader, smoother path for even more win-win developments. Director Hass then delivered remarks, thanking President Lai and the Taiwan government for the warm hospitality and kind greetings. He said that he and his colleagues are here as part of a delegation for a study tour to deepen their understanding of issues affecting Taiwan, adding that the visit reflects a long-term investment by the Brookings Institution to deepen policy and public awareness of those issues. Noting that the Brookings Institution has been sending visiting delegations to Taiwan for many years, Director Hass said that they anticipate many more years of visits, through ups and downs, twists and turns. In closing, he said that they look forward to further exchanges.   
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2025-08-07
President Lai meets cross-party Ukrainian Verkhovna Rada delegation
On the morning of August 7, President Lai Ching-te met with a cross-party delegation from the Verkhovna Rada (parliament) of Ukraine. In remarks, President Lai stated that this marks the first visit from a cross-party delegation from the Verkhovna Rada in 20 years, a new milestone symbolizing the deepening of the Taiwan-Ukraine friendship and underscoring our common commitment to the pursuit of freedom and peace. The president expressed hope for increased exchanges between our governments, parliaments, industries, and peoples across society, and that we can strengthen cooperation in such domains as the economy, trade, investment, advanced technology, and talent development. A translation of President Lai’s remarks follows: I warmly welcome People’s Deputy Mykola Kniazhytskyi on his third trip to Taiwan. This is also the first visit from a cross-party delegation from the Verkhovna Rada in 20 years. Your truly meaningful visit symbolizes the deepening of the Taiwan-Ukraine friendship and underscores our common commitment to the pursuit of freedom and peace.  Although Taiwan and Ukraine are geographically distant, we jointly pursue the values of freedom, democracy, and respect for human rights. We also both stand on the frontlines against the expansion of authoritarian influence. Taiwan therefore stands firmly with the people of Ukraine. Since Russia’s invasion began, Taiwan has actively used government funds and private-sector donations to provide Ukraine with humanitarian aid. This has included reconstruction projects for water, power, medical, and educational facilities. Taiwan has also worked with friendly countries such as the Czech Republic, Poland, Estonia, and Lithuania to deliver various kinds of assistance to Ukraine. We want to show the world that when like-minded democracies join forces, we can overcome any number of threats and challenges. Currently, there is limited official engagement between Taiwan and Ukraine. Yet, I look forward to increased exchanges between our governments, parliaments, industries, and peoples across society. I also hope that we can strengthen cooperation in such domains as the economy, trade, investment, advanced technology, and talent development. I hope for a swift end to this irrational and utterly illegitimate war so that the people of Ukraine can be free of its harms as soon as possible. Moving forward, Taiwan is more than willing to work with the international community to help Ukraine rebuild and grow. I thank you all once again for this visit, which marks a new milestone for the Taiwan-Ukraine relationship. Deputy Kniazhytskyi then delivered remarks, stating that this meeting marks a historic moment and is a convincing testimony to the importance Taiwan attaches to the development of the relationship between our countries, adding that he feels the significance of today’s event for the prospect of relations between Taiwan and Ukraine. He said that he sees a clear similarity in the goals pursued by Taiwan and Ukraine, including the protection of democracy against authoritarianism and the preservation of national identity, sovereignty, and territorial integrity. Deputy Kniazhytskyi went on to say that Ukraine is fighting a difficult war against Russia to liberate its illegally occupied territories. However, he said, this is also a war for the truth of democratic values over attempts of subjugation by Russia’s despotism. The deputy pointed out that Taiwan is also resisting the expansion of authoritarian China and its attempts to suppress the aspiration of Taiwanese people to live in a free country where human rights and freedoms are respected. He then stated that any encroachment of Taiwan’s freedom is unacceptable. Deputy Kniazhytskyi said that the presence of the Ukrainian delegation is evidence of the similarity of our aspiration and views of the future of the democratic world, and that they understand that the values and interests of the democratic world need to be resolutely defended in many areas – political, diplomatic, and military. The deputy concluded his remarks by stating that he is convinced that exchanges between Taiwan and Ukraine have good, productive prospects. The delegation also included Ukrainian People’s Deputies Ivan Krulko, Valeriy Lunchenko, Solomiia Bobrovska, Mykhailo Bondar, Andrii Lopushanskyi, and Sviatoslav Yurash.
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2025-08-01
President Lai delivers remarks on US reciprocal tariff policy response
On the morning of August 1, President Lai Ching-te delivered remarks at the Presidential Office on the response to the reciprocal tariff policy of the United States. President Lai explained that technical consultations with the US are finished, but as the final concluding meeting has not yet taken place, 20 percent has been set for Taiwan as an interim tariff rate. The president said that Taiwan will work towards a more favorable and reasonable rate in the subsequent negotiations, and that the US has expressed its willingness to continue talks. He added that a support plan for Taiwan’s export supply chain in response to US tariffs has been proposed to assist small- and medium-sized enterprises (SMEs) in responding to the US tariff policy. A translation of President Lai’s remarks follows: Earlier today, the US government informed our lead negotiator, Vice Premier Cheng Li-chiun (鄭麗君), that an interim tariff rate for Taiwan has been set at 20 percent. Since April 2, when the US introduced its new tariff policy targeting countries worldwide, Taiwan has actively engaged in four in-person rounds of negotiation and multiple discussions over videoconference with the US government. Throughout the process, both sides have negotiated in good faith based on the shared goal of addressing the trade deficit between Taiwan and the US and creating complementary and mutually beneficial outcomes. Although we have achieved an interim reduction in the tariff rate from 32 percent to 20 percent at this point in the negotiations, 20 percent was never our goal. We hope to work towards a more favorable and reasonable rate for Taiwan in the subsequent negotiations, and the US has expressed its willingness to continue talks. We have finished technical consultations, but as the final concluding meeting has not yet taken place, a final tariff rate has not yet been reached. This is the reason for the setting of an interim tariff rate. I extend my sincere gratitude to Vice Premier Cheng and Minister without Portfolio of the Executive Yuan Yang Jen-ni (楊珍妮) for working tirelessly over the past few months leading the negotiation team, remaining on call whether in Taiwan or the US. From here in Taiwan I, along with Vice President Bi-khim Hsiao, National Security Council Secretary-General Joseph Wu (吳釗燮), Premier Cho Jung-tai (卓榮泰), and Secretary-General Pan Men-an (潘孟安), have also provided full support to our negotiating team in the US. Regardless of the final tariff rate, Taiwan’s industries will inevitably be impacted. I am deeply grateful to Premier Cho for proposing on April 4 a support plan for Taiwan’s export supply chain in response to US tariffs, and for holding over 20 industry consultation sessions. The special budget has also been increased from NT$88 billion to NT$93 billion. This special act has already been submitted to the Legislative Yuan and passed review. I hope that the Executive Yuan will promptly submit the budget request for legislative review so that the special budget can be implemented as soon as possible to assist SMEs in responding to this new US tariff policy.
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