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2022-08-23
President Tsai meets Hoover Institution delegation

On the morning of August 23, President Tsai Ing-wen met with a delegation of experts from the Hoover Institution at Stanford University and affiliates involved in its Project on Taiwan in the Indo-Pacific Region. In remarks, President Tsai said that the August 23 Artillery War of 1958 showed the world that no threat can or will shake the resolve of the Taiwanese people to defend our nation. The president called upon democratic partners to strengthen our alliances in order to jointly defend against interference by authoritarian states and protect regional peace and stability, and expressed hope that Taiwan and the US can deepen cooperation across all areas to create greater stability and prosperity for our peoples.

A translation of the president's remarks follows:

I welcome you all to Taiwan. Recently, a number of prominent US leaders have visited us. Now, a delegation from the Hoover Institution, led by Admiral James O. Ellis Jr. (Ret.), is also visiting Taiwan. Your traveling so far to be here at this critical moment is particularly meaningful. 

The Hoover Institution is one of the most influential US public policy think tanks. Its research serves as an important reference in US government policymaking. It is also an authoritative source from which the international community draws its understanding of the situation across the Taiwan Strait. In particular, the Hoover Institution has focused on the threats posed by China as one of its core areas of research. Combined with the work of its Project on Taiwan in the Indo-Pacific Region and its Task Force on National Security, this has created a broader discussion of Taiwan-related issues, and has thereby raised recognition of and support for Taiwan. For this, I would like to extend my appreciation to the entire Hoover research team.

Russia's invasion of Ukraine this year has highlighted the continuing expansion of authoritarianism. In standing up to fight for and defend their homeland, the people of Ukraine have been a great inspiration to the rest of the world. They have shown the necessity of safeguarding one's own freedom and democracy.

Sixty-four years ago, during the August 23 Artillery War of 1958, our soldiers and civilians operated in solidarity and safeguarded Taiwan, thanks to which we have the democratic Taiwan of today. That battle to protect our homeland showed the world that no threat of any kind can shake the Taiwanese people's resolve to defend their nation – not in the past, not now, and not in the future. We, too, will show the world that the people of Taiwan have both the resolve and the confidence to safeguard peace, security, freedom, and prosperity for ourselves. 

Recently, China's military exercises in areas around Taiwan have posed significant threats to the status quo across the Taiwan Strait and throughout the region. Countries in the region and global democratic partners have expressed serious concern about China's actions. At the same time, these challenges have also reminded us that we democratic partners must strengthen our alliances to jointly defend against interference by authoritarian states and protect regional peace and stability.

I would like to thank the US and other G7 members for their staunch support for Taiwan, which has once again strengthened our determination to consolidate our self-defense capabilities. As Taiwan stands on the frontline of authoritarian expansionism, we continue to bolster our autonomy in national defense. We will also continue to work with the US on this front.

With autocracy continuing to make inroads around the globe, Taiwan and the US should also be working together to build safer and more resilient supply chains. This is one of our key priorities. 

Just last week, Taiwan and the US together announced the start of negotiations under the framework of the US-Taiwan Initiative on 21st-Century Trade. Through this platform, we hope to move toward a high-quality trade agreement between Taiwan and the US and deepen our cooperation in all areas. We believe such cooperation will attract more international investments to Taiwan and provide more incentives for Taiwan to invest in the US. This win-win situation will create greater stability and prosperity for the peoples of Taiwan and the US.

Admiral Ellis then delivered remarks, a transcript of which follows:

Madam President, we are deeply honored by the courtesy you have extended in meeting this morning with our Hoover Institution delegation. 

We are a diverse group of specialists on Taiwan, the People's Republic of China, and United States foreign policy and national security. We have different political leanings and different views on domestic and foreign policy issues. However, we all share a deep admiration for what Taiwan has achieved as a democracy, as an open society, and as one of the world's most dynamic and innovative economies.

And thus, we come with deep concern about the escalating threats to peace and stability for the people of Taiwan and the Indo-Pacific region, as well as the growing challenges to the security of semiconductor and other supply chains on which the entire world depends. 

Now, more than ever, we believe it is important for individuals and institutions in the United States and other countries to demonstrate support for Taiwan's right to exist as a self-governing democracy; to cooperate with its vibrant private enterprises, particularly in the high-tech sector; and to maintain close connection to, and solidarity with, Taiwan's creative and freedom-loving people.

We would like to express again our appreciation to the government of Taiwan, and especially to the Ministry of Foreign Affairs, for its generous cooperation in hosting our delegation and helping to arrange meetings for us with numerous leaders in and outside of government. 

We also want to acknowledge your government's cooperation in ensuring that we have an opportunity to hear from diverse parties and points of view during our stay in Taiwan. After all, a core distinction between democracy and autocracy is that democracies embrace pluralism, and recognize the fundamental truth that no one leader or party has, or should pretend they have, a monopoly on the truth. 

Taiwan's hard-won standing as one of the most liberal democracies of the post-Cold War world is a major reason why it enjoys such admiration and broad and deep support in the United States and elsewhere in the world. 

We have come here principally to listen and to learn. But our presence here also reaffirms the ongoing commitment of the American people to deepening cooperation between the United States and Taiwan. Consistent with the Taiwan Relations Act, part of this cooperation involves strengthening Taiwan's capacities for self-defense as well as the ability of the United States to deter and resist any resort to force across the Taiwan Strait. 

As you noted in your gracious remarks, effective self-defense involves more than purely military capabilities. It also requires a clear demonstration of both readiness and will, along with vigilance on many levels to counter intimidation, disinformation, and gray-zone intrusion. 

As you also noted in your remarks, these tasks have taken on new urgency in the wake of the Russian invasion of Ukraine. It is important that we all learn appropriate lessons from that conflict, including the complex requirements of deterrence, the scope for miscalculation by authoritarian actors determined to achieve political objectives, and the considerable potential for large numbers of small, lethal, resilient, and distributed weapons systems to help repel a powerful aggressor. 

At the same time, we want to explore and highlight the scope for mutually beneficial cooperation between Taiwan and the US in areas such as high technology, manufacturing, healthcare, education, energy, climate, and other forms of trade and exchange. 

The most successful and enduring forms of cooperation among peoples are based on shared values, in particular the common commitment that open societies have to democracy, to freedom of expression, and to the rule of law. The importance of these values to Taiwan's continuing security should not be underestimated.

We look forward to listening and to learning. We will use the knowledge we've gained to consider how we might best counsel the United States to help maintain peace in the Taiwan Strait and freedom and prosperity in Taiwan and throughout the Indo-Pacific region. Thank you.

Among the members of the delegation were Hoover Institution Senior Fellow Dr. Larry Diamond, Hoover Institution Distinguished Visiting Fellow Mr. Matthew Pottinger, former US Ambassador to Russia Michael McFaul, and former US Ambassador to Portugal Thomas Stephenson.

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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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2025-08-05
President Lai meets delegation led by former UK Prime Minister Boris Johnson
On the morning of August 5, President Lai Ching-te met with a delegation led by former Prime Minister of the United Kingdom Boris Johnson. In remarks, President Lai thanked former Prime Minister Johnson and the UK government for the attention and support they have shown Taiwan and for underlining the importance of peace and stability across the Taiwan Strait at numerous venues. Noting that Taiwan and the UK share the universal values of freedom, democracy, and respect for human rights, the president said that Taiwan looks forward to deepening cooperation with the UK for mutually beneficial development and to contributing even more to the international community. A translation of President Lai’s remarks follows: On behalf of the people of Taiwan, I want to start by extending a very warm welcome to former Prime Minister Johnson, who is visiting Taiwan for the first time to deliver a keynote speech at the Ketagalan Forum. Mr. Johnson is the third former UK prime minister to visit Taiwan, following Margaret Thatcher and Liz Truss. I am confident that his visit will advance exchanges between Taiwan and the UK. Let me take this opportunity to thank former Prime Minister Johnson and the UK government. When the UK government under then-Prime Minister Johnson’s leadership held the G7 presidency in 2021, the G7 leaders’ communiqué for the first time mentioned the importance of peace and stability across the Taiwan Strait. At many bilateral and multilateral events since then, the UK has consistently underlined its firm position on maintaining the status quo across the Taiwan Strait, further consolidating international support for Taiwan. In a concrete step to safeguard freedom of navigation in the Taiwan Strait, the Royal Navy patrol vessel HMS Spey made a passage through the strait in June. In the same month, the UK government released its National Security Strategy 2025, which notes that the Taiwan Strait is central to global trade and supply chains. It adds that the UK does not support any unilateral attempts to change the status quo and will continue to strengthen ties with Taiwan in a wide range of areas, underpinned by shared democratic values. These efforts of the UK government, beginning with Mr. Johnson as prime minister, have contributed substantially to Indo-Pacific security.  In recent years, Taiwan-UK economic and trade relations have continued to reach new milestones. In 2023, we signed the Taiwan-UK Enhanced Trade Partnership (ETP) arrangement. This was the first institutionalized economic and trade framework between Taiwan and a European country. This June, we signed three pillar arrangements under the ETP covering investment, digital trade, and energy and net-zero emissions, demonstrating the determination of both sides to strengthen our economic and trade cooperation. Taiwan and the UK share the universal values of freedom, democracy, and respect for human rights. Taiwan sincerely looks forward to deepening cooperation with the UK for mutually beneficial development and to contributing even more to the international community. Former Prime Minister Johnson then delivered remarks, first thanking President Lai for the invitation. He noted that this is an absolutely crucial time for the whole world and a time of great uncertainty. Echoing President Lai’s earlier remarks, he said that Taiwan is at the very forefront in the struggle between freedom and democracy on one side and autocracy on the other side. Former Prime Minister Johnson said that he is in Taiwan because he has always wanted to come here and because he is fascinated by the incredible achievements of this country, not least in microprocessors and cuisine. He then congratulated President Lai on his agenda for Taiwan, saying that he fully supports the Five Trusted Industry Sectors and the increase in defense spending to three percent of GDP. Former Prime Minister Johnson stated his belief that there is absolutely no case for the current Chinese bullying of Taiwan, emphasizing that Taiwan is a free and peaceful society that does not deserve to be intimidated in this way. He added that there is no point in such actions, and that he hopes it stops as soon as possible. He noted that by talking to President Lai and other Taiwanese people over the last couple of days, it is absolutely clear to him that those who try to bully or take over Taiwan will never succeed, because Taiwan is an amazing democracy whose people are lovers of their own freedom. Former Prime Minister Johnson said that in very difficult and tense times, this is the moment for all Western countries to build economic and political relations with Taiwan and not to tiptoe away from Taiwan under pressure from any other country. He also emphasized that they in the UK will stand with Taiwan, not just because we share common strategic perspectives or have a growing economic partnership, but most important of all, because we share values, as President Lai mentioned previously. He highlighted that those values of democracy, human rights, and freedom are not only essential to Taiwan’s astounding success but are also right in themselves, concluding that we should defend them for their own sake.
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2025-08-05
President Lai attends opening of Ketagalan Forum: 2025 Indo-Pacific Security Dialogue  
On the morning of August 5, President Lai Ching-te attended the opening of the Ketagalan Forum: 2025 Indo-Pacific Security Dialogue. In remarks, President Lai stated that Taiwan holds a key position on the first island chain, making it a keystone of Indo-Pacific peace and stability. The president noted that the government has been moving forward with the Four Pillars of Peace action plan, remains committed to ensuring peace and stability across the Taiwan Strait, and will deepen partnerships with other democratic nations to advance global prosperity and development. He stated that Taiwan is also taking the initiative to enhance its whole-of-society defense and resilience, expanding civil participation, and through military-civilian cooperation, is boosting its self-defense capabilities. President Lai emphasized that a nation’s strength and its democratic footing are grounded firmly in its economy, and that Taiwan will continue to enhance its economic resilience and steadily advance its economic security. He expressed confidence that if democracies can join hands in creating more robust, more resilient global democratic supply chains, we can spur even more economic prosperity and further consolidate our democracy, as well as protect our hard-earned free and democratic way of life. A transcript of President Lai’s remarks follows: This year marks the ninth year of the Ketagalan Forum. Over the years, this key platform has brought together government leaders, experts, and scholars from around the world for dialogue on all aspects of Indo-Pacific security. On behalf of the people of Taiwan, I sincerely welcome you all and thank you for joining us. This year’s forum centers on three major themes: Indo-Pacific regional security, whole-of-society defense strategies in democratic countries, and the strategic integration of economic, technological, and industrial diplomacy. These themes are all closely linked with Taiwan’s national development. I’m confident that this year’s forum will enable Taiwan and democratic partners from around the world to achieve even greater consensus on ways we can work together for a more secure Indo-Pacific and more prosperous world. Over the past year, the international landscape has become more and more volatile. The Russia-Ukraine War is still ongoing, and conflict in the Middle East has only intensified. Meanwhile, China’s military activities in the Taiwan Strait and East and South China Seas pose unprecedented challenges to the rules-based international order. As authoritarianism continues to expand, democratic nations must join even closer in solidarity to defend our values. Taiwan holds a key position on the first island chain, making us a keystone of Indo-Pacific peace and stability. In view of this, we have been moving forward with the Four Pillars of Peace action plan since I took office. This includes boosting our national defense, building economic security, demonstrating stable and principled cross-strait leadership, and promoting values-based diplomacy. Our government remains committed to maintaining the status quo and ensuring peace and stability across the Taiwan Strait. At the same time, we will deepen partnerships with other democratic nations to advance global prosperity and development. Taiwan is also taking the initiative to enhance our whole-of-society defense and resilience. This July, we introduced National Solidarity Month. This combines our yearly Han Kuang military exercises with new Urban Resilience drills. The initiative expanded civil participation and, through military-civilian cooperation, helped verify the readiness of government agencies and people throughout the nation to address extreme situations. Alongside these efforts, we are continuing to reform and invest even more resources in our national defense. Next year’s defense budget will reach a target of over 3 percent of GDP to boost Taiwan’s self-defense capabilities. Taiwan will also continue to enhance its economic resilience and steadily advance its economic security. While we further deepen our economic and trade cooperation with other countries, we will keep upgrading our Five Trusted Industry Sectors of semiconductors, artificial intelligence, military, security and surveillance, and next-gen communications. A nation’s strength and its democratic footing are grounded firmly in its economy. I’m confident that if democracies can join hands in creating more robust, more resilient global democratic supply chains, we can spur even more economic prosperity and further consolidate our democracy. To all dear friends of Taiwan: In this turbulent global landscape, Taiwan stands on the frontline of authoritarian threat, which is also the forefront of the global defense of democracy. Thus, we know how precious peace is; and we recognize that peace in the Taiwan Strait is not just a regional issue, but a shared responsibility for economic stability and security around the world. As a responsible member of the international community, Taiwan will stand with the world’s democracies to face challenges, uphold the rules-based international order, defend peace through strength, and protect our hard-earned free and democratic way of life.  Once again, thank you for participating in this dialogue, and for standing with Taiwan. I wish you all lively and productive discussions today, and a great stay in Taiwan. Thank you. Also in attendance at the event were former United Kingdom Prime Minister Boris Johnson and former French National Assembly President François de Rugy. Additionally, 12 high-ranking officials, scholars, and experts from 10 countries, including the United States and Japan, as well as countries in Europe and the Indo-Pacific region, were invited to engage in in-depth discussions with officials, scholars, and experts from Taiwan.  
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2025-08-01
President Lai meets delegation from US Foundation for Defense of Democracies
On the afternoon of August 1, President Lai Ching-te met with a delegation from the United States-based Foundation for Defense of Democracies (FDD). In remarks, President Lai stated that as authoritarianism expands, only by working closely together can the global democratic community protect our shared values of freedom and democracy and way of life. The president said that deepening the strategic economic and trade partnerships between Taiwan and the US will not only help strengthen our cooperation with other like-minded partners in key and innovative technologies, but also ensure supply chain security, which is consistent with the national security interests of Taiwan, the US, and all of our democratic partners. President Lai also expressed hope that further Taiwan-US exchanges and cooperation will enable us to continue to deepen and consolidate democracy. A translation of President Lai’s remarks follows: I extend a warm welcome to this delegation from the FDD. It is a great pleasure to meet with so many dear friends of Taiwan again. The FDD holds a key position among think tanks based in Washington, DC. In addition to conducting research on issues relating to US national security, it also frequently issues policy recommendations and specialist reports that help actively realize its goal of safeguarding democratic values from authoritarian threats. I would like to express my appreciation to the FDD for its long-term focus on Taiwan and for continuing to increase the attention paid to Taiwan’s defense and social resilience. I also hope that the experts and scholars in this delegation can provide Taiwan with optimal insights into these issues. In recent years, China has continued to ramp up military activity in and around the Taiwan Strait and East and South China Seas. The expansion of authoritarianism is not only altering the global security framework, but also challenging the rules-based international order in an unprecedented way. Only by working closely together and adopting appropriate countermeasures can the global democratic community protect our shared values of freedom and democracy and our way of life that values human rights. In addition to demonstrating the determination to defend itself, Taiwan will also fulfill its important responsibilities as a member of the international community. Taiwan will continue to strengthen its national defense, build economic security, demonstrate stable and principled cross-strait leadership, and promote values-based diplomacy to enhance cooperation with democracies around the world. Together, we can safeguard regional peace and stability and advance global prosperity and development. The world has seen the crucial role that Taiwan plays in technological supply chains. In addition to the semiconductor industry, Taiwan can also strengthen cooperation with the US in other key technological fields, including national defense technologies and AI. Deepening the strategic economic and trade partnerships between Taiwan and the US will not only help strengthen our cooperation with other like-minded partners in key and innovative technologies, but also ensure supply chain security. This is consistent with the national security interests of Taiwan, the US, and all of our democratic partners. Taiwan greatly cherishes our deep friendships with all, and we look forward to further Taiwan-US exchanges and cooperation enabling us to continue to deepen and consolidate democracy. Former US Deputy National Security Advisor Matthew Pottinger then delivered remarks, indicating that on this visit, the delegation is working together with the Research Institute for Democracy, Society, and Emerging Technology and others across Taiwan’s society, as well as with guests from Japan, Australia, and Europe, who joined them this week to conduct tabletop exercises. He added that they carried out work to test their assumptions about various scenarios that could occur if there are attempts made to intimidate or coerce Taiwan and other free societies. Mr. Pottinger said that he and his colleagues were impressed with the Taiwan team that participated in the tabletop exercises for their creativity and resourcefulness, which he said gives him great confidence that Taiwan and its friends will be able to deter or respond to any intimidation or crisis. Mr. Pottinger then stated in Mandarin that free nations are innovative, resource-efficient, and resilient under the threat of authoritarian states, and that free nations also have trustworthy friends. He concluded his remarks by thanking President Lai for meeting with the delegation, saying that they look forward to their discussion.
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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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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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