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2023-10-23
President Tsai hosts luncheon for Lithuanian Seimas Speaker Viktorija Čmilytė-Nielsen

At noon on October 23, President Tsai Ing-wen hosted a luncheon for a delegation led by Viktorija Čmilytė-Nielsen, speaker of the Seimas (parliament) of the Republic of Lithuania. President Tsai thanked Speaker Čmilytė-Nielsen and the government of Lithuania for repeatedly and publicly supporting Taiwan's international participation, demonstrating that Lithuania firmly stands with democratic partners. She expressed her confidence that based on mutual trust and with our combined efforts, Taiwan and Lithuania will undoubtedly strengthen each other's economic resilience, further deepen our partnership, and make an even greater contribution to global peace and prosperity.

A translation of President Tsai's remarks follows:

I welcome Speaker Čmilytė-Nielsen and her delegation to Taiwan. Speaker Čmilytė-Nielsen has said that the Indo-Pacific region is very important to Lithuania and has often expressed her wish to visit Taiwan. I am delighted to meet with you all at the Presidential Office today.

Speaker Čmilytė-Nielsen is the first sitting speaker of the Seimas to visit Taiwan. She will deliver a speech at our Legislative Yuan and give opening remarks at the FinTech Taipei Forum. We look forward to Speaker Čmilytė-Nielsen and the rest of the delegation sharing their views on how to advance cooperation between Taiwan and Lithuania.

I also want to welcome Vice-Minister of Finance Vaida Markevičienė and the businesses and associations she has brought with her. Your visit will continue to deepen cooperation between Taiwan and Lithuania in the fields of finance and digital technology.

In recent years, Taiwan and Lithuania have made substantive progress in bilateral relations. For example, we have established representative offices in each other's countries and actively expanded cooperation in areas such as the laser industry and biotechnology. Taiwan has also assisted Lithuania in building its capacity in the semiconductor industry. Taiwan and Lithuania have become close partners, creating more opportunities for collaboration between our industries.

In addressing the changing geopolitical landscape, Taiwan continues to leverage the Central and Eastern European Investment Fund to bolster economic and trade ties with Lithuania. And this July, Lithuania published its Indo-Pacific Strategy, in which it stated that it is seeking to enhance practical cooperation with Taiwan.

I want to thank Lithuania for its attention to and support for Taiwan. I am especially grateful to Speaker Čmilytė-Nielsen and the Lithuanian government for repeatedly and publicly supporting Taiwan's international participation, demonstrating that Lithuania firmly stands with democratic partners. Taiwan and Lithuania are good friends that share the values of freedom and democracy. Lithuanian chocolate, sparkling water, beer, and other products are also very popular here in Taiwan. And not long ago, I watched Lithuania's national basketball team play in Taiwan.

Based on this mutual trust and with our combined efforts, Taiwan and Lithuania will undoubtedly strengthen each other's economic resilience, further deepen our partnership, and make an even greater contribution to global peace and prosperity.

I once again welcome you all. We have prepared some Taiwanese delicacies to give you a taste of Taiwan's culture. I wish you a fruitful visit.

Speaker Čmilytė-Nielsen then delivered remarks, a transcript of which follows:

Lithuania values our relations with Taiwan, a like-minded front-line democracy. Our collaboration is built on a solid ground – mutual trust and common values: freedom, democracy, the rule of law, and human rights. At the time when the international rule[s]-based order is put to the test by aggressive authoritarian regimes, democracies working together, despite geographical distances, is particularly important.

It has been a couple of years since our bilateral cooperation really took off, and we can register certain progress. And I believe that this cooperation can bring much more and be truly mutually beneficial.

One of the main areas where we see untapped potential is business and economy. Therefore, I came to Taiwan leading a business delegation. We consider Taiwan an important partner in semiconductors, laser technologies, and other high added-value sectors.

In turn, Lithuania has a lot to offer, particularly our sectors of technology and innovation are advancing rapidly. And we could well become Taiwan's gateway to Europe.

I believe that Lithuania's and Taiwan's cooperation can become a success story. Today, one can feel that we are a litmus test for many countries in Europe. Our common efforts, I believe, should prove that democracies working together strengthen each other and offer tangible results for the common good of their people.

As Madam President rightly pointed out, strengthening Lithuanian's ties in the Indo-Pacific region is an important priority for our country. And we see that developing ties with democracies here in this region is our very important theme.

It is heart-warming while being here to see how much support there is to Ukraine. And I would also like to thank Taiwan for that. The future of the rule[s]-based international order is largely decided in Ukraine today, and our common efforts, the efforts of democracies worldwide to stand firmly on Ukraine's side, really matter.

Good cooperation and strengthening the ties with Taiwan is a priority for us. So, once again, thank you for the warm welcome. And I hope that this visit will lead to another breakthrough in our story of success.

The delegation also included Head of the Secretariat of the Seimas Speaker Lukas Kornelijus Vaičiakas, Chief Foreign Policy Advisor to the Seimas Speaker Rolandas Kačinskas, Head of the International Relations Unit and Acting Head of the Protocol Unit of the Seimas Snieguolė Žiūkaitė, and Director of the Financial Markets Policy Department of the Lithuanian Finance Ministry Vilma Mačerauskienė. The delegation was accompanied to the Presidential Office by Lithuanian Representative to Taiwan Paulius Lukauskas.

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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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2025-07-29
President Lai meets delegation from US National Endowment for Democracy
On the afternoon of July 29, President Lai Ching-te met with a delegation from the United States-based National Endowment for Democracy (NED). In remarks, President Lai said that faced with the continued expansion of authoritarianism, Taiwan will increase its self-defense capabilities and civil defense awareness. The president stated that Taiwan will also deepen security and economic cooperation with democratic partners to jointly build secure and stable supply chains and advance our nations’ democratic resilience. The president expressed hope that with the support of the NED, Taiwan will continue to join hands and move forward with the global democratic community as we consolidate democratic values and advance prosperity and development in the region and across the world. A translation of President Lai’s remarks follows: I warmly welcome NED President Damon Wilson on this visit. We last met two years ago when President Wilson made a special visit to Taiwan to attend an international conference celebrating the Taiwan Foundation for Democracy (TFD)’s 20th anniversary. This is his fourth visit to Taiwan since assuming his current position, once again demonstrating the great importance he attaches to Taiwan’s democracy and underscoring his staunch support for Taiwan-US relations. On behalf of the people of Taiwan, I express my sincerest appreciation. The NED has long worked closely with civic organizations in Taiwan. In recent years, it has actively assisted civil society groups in engaging with the international community and establishing partnerships with NGOs around the world so as to further highlight Taiwan’s key role in the global democratic network. The Economist Intelligence Unit’s Democracy Index ranks Taiwan first in Asia as a full democracy, while Freedom House’s Freedom in the World report ranks Taiwan as the second freest country in Asia. These achievements are the result of the joint efforts of the people of Taiwan and the support of nations around the world for Taiwan’s efforts. Taiwan is doing all it can to make even greater contributions to global democratic development. Among these efforts, the TFD continues to work closely with the NED to promote democratic development across the region. Taiwan also collaborates and shares experiences with such like-minded partners as the US, Japan, Australia, and Canada through the Global Cooperation and Training Framework to jointly strengthen democratic governance and social resilience. As President Wilson emphasized on his last visit, Taiwan’s robust democracy and its security are closely related. Faced with the continued expansion of authoritarianism, we will increase our self-defense capabilities and civil defense awareness. We will also deepen security and economic cooperation with democratic partners. Together, we can build secure and stable supply chains, prevent infiltration by authoritarian regimes, and advance our nations’ democratic resilience. With the support of President Wilson and the NED, I look forward to Taiwan continuing to join hands and move forward with the global democratic community as we consolidate democratic values and advance prosperity and development in the region and across the world. President Wilson then delivered remarks, first thanking President Lai for welcoming him and stating that it is an honor to be in the Republic of China (Taiwan), which is on the frontline of freedom around the world. He said that the delegation is here to pay respect to the hard-won freedom of the Taiwanese people, the fundamental rights that they enjoy, the vibrant democracy seen across this island, the power of the rule of law, and the fact that Taiwan models how sovereignty is based on the free will of its citizens and people. It is not only a testament to the strength and resilience of Taiwan’s democracy, but an extraordinary example to the region and to the world, he said, and they are proud to play a role in supporting and encouraging others to help Taiwan safeguard these freedoms. President Wilson indicated that the NED is America’s foundation for freedom, and that they are here to represent the American people to build and deepen the civic ties between Americans and the people of Taiwan, working in a partnership with the TFD spanning over two decades. He said that Taiwan boldly embraces the values of freedom and democracy, and by doing so, has attracted the admiration and attention of the world. Citing President Lai, President Wilson echoed that the strength of Taiwan’s democracy bolsters its national security, adding that it also invests the US in its security. This is why they are committed to doing their part to help contribute to safeguarding Taiwan’s democracy, he said.  President Wilson noted that when he began his role as president of the NED, he worked with the TFD to welcome 300 democracy advocates from 70 countries around the world as part of the World Movement for Democracy Global Assembly to come and see the vibrancy of Taiwan’s democracy and to understand that their commitment to democracy and freedom meant that their support for Taiwan was an important part of that. President Wilson stated that the delegation is in Taiwan because they look forward to doubling down on their engagement with the people of Taiwan and the cause of democratic unity. He added that they are focused on building partnerships in four key areas and ensuring that they can include Taiwanese organizations and voices in international conversations about the future of democracy and the principles of freedom around the world, including Taiwanese voices in international platforms that may otherwise be denied to them. President Wilson said that they look forward to continuing to support international organizations, particularly American institutions such as the International Republican Institute and the National Democratic Institute, to open offices in Taiwan to thicken the bonds between our peoples. President Wilson said that they also look forward to supporting Taiwanese organizations that are able to help educate the world to understand influence operations and the authoritarian pressures that Taiwan not only faces, but free societies around the world face. This also includes partnering with Taiwanese organizations and entrepreneurs that are leveraging technology for democracy and freedom and ensuring that artificial intelligence can be used for good, he said, so that the stories of Taiwan or Tibet are not erased or censored, but are open to public knowledge. President Wilson concluded his remarks by stating that this is indeed his fourth visit as president of the NED and that he has visited Taiwan more than any other country in the world, a testament to their commitment to Taiwan’s freedom.
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2025-07-24
President Lai meets Somaliland Foreign Minister Abdirahman Dahir Adam  
On the morning of July 24, President Lai Ching-te met with a delegation led by Republic of Somaliland Minister of Foreign Affairs and International Cooperation Abdirahman Dahir Adam. In remarks, President Lai thanked the Somaliland government for its longstanding, staunch support for Taiwan-Somaliland relations. The president mentioned that this year marks the fifth anniversary of Taiwan and Somaliland’s mutual establishment of representative offices and that our exchanges in various areas have yielded significant results. He expressed hope for continuing to deepen our partnership, advancing our bilateral friendship and fruitful cooperation. A translation of President Lai’s remarks follows: I warmly welcome all of our guests to Taiwan. This is the first visit to Taiwan for Minister Adam, Minister Khadir Hussein Abdi, and Admiral Ahmed Hurre Hariye. I thank you for your high regard and support for Taiwan. I also very much appreciate that Lead Advisor Mohamed Omar Hagi Mohamoud, who served as representative of Somaliland to Taiwan during the past five years, continues deepening Taiwan-Somaliland ties in his new role. Somaliland is renowned as a beacon of democracy in the Horn of Africa. I want to once again congratulate Somaliland on successfully holding presidential and political party elections last November, which garnered praise from the international community. At that time, I appointed Deputy Minister of Foreign Affairs François Chihchung Wu (吳志中) to serve as special envoy and lead a delegation to attend the inauguration of President Abdirahman Mohamed Abdullahi, demonstrating that Taiwan would work closely with Somaliland’s new government to write a new chapter in our friendship. Recently, authoritarian regimes have continued to apply new forms of coercion as they intensify suppression of Taiwan’s and Somaliland’s international participation. In response, our two sides must continue to deepen our partnership and demonstrate the resilience of democratic alliances, as well as our staunch commitment to defending our values.  This year marks the fifth anniversary of Taiwan and Somaliland’s mutual establishment of representative offices. Through our joint efforts, we have continued to expand exchanges in various areas, yielding significant results. This afternoon, we will also sign an agreement on coast guard cooperation, launching bilateral cooperation in maritime affairs. Regarding President Abdullahi’s focus on maritime security, the blue economy, and other policy objectives, we can strengthen our bilateral partnership moving forward. In addition, we also hope to work together with like-minded countries such as the United States, and through trilateral or multilateral cooperation platforms, realize the strategic goal of a non-red Somaliland coastline. I want to thank the Somaliland government once more for its longstanding, staunch support for Taiwan-Somaliland relations. I look forward to working with all of you to continue to advance our bilateral friendship and fruitful cooperation. In closing, I once again welcome Minister Adam and the delegation. I have every confidence that, in addition to advancing bilateral cooperation, this trip will allow you to experience Taiwan’s natural beauty and diverse culture. Minister Adam then delivered remarks, thanking the government and people of Taiwan for the warm hospitality they have received since their arrival. He stated that Taiwan is a peaceful nation and that it shares with Somaliland the value of democracy. He stated that we also share the goal of obtaining recognition, so he is glad that the Taiwan-Somaliland relationship is growing by the day. Minister Adam pointed out that there is much pressure that we are both facing in our relationship, but he reassured President Lai that no amount of pressure can change Somaliland’s strong ties with Taiwan. He also thanked the Taiwan government for the help it has proffered to Somaliland, adding that our relationship will only get better. Minister Adam said that Taiwan and Somaliland can cooperate in many areas and that there is more opportunity in Somaliland than any other country, adding that Somaliland is open for investment from Taiwan. Noting that our countries can also collaborate in other areas such as education and maritime security, the minister said that he is glad they will be signing a cooperative agreement in maritime security with Taiwan. He then said he is looking forward to a better relationship in the future. The delegation was accompanied to the Presidential Office by Somaliland Representative to Taiwan Mahmoud Adam Jama Galaal.  
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2025-07-22
President Lai meets cross-party Irish Oireachtas delegation
On the morning of July 22, President Lai Ching-te met with a cross-party delegation from the Oireachtas (parliament) of Ireland. In remarks, President Lai stated that Taiwan and Ireland are both guardians of the values of freedom and democracy. He indicated that Taiwan will continue to take action and show the world that it is a trustworthy democratic partner that can contribute to the international community, saying that we look forward to building an even closer partnership with Ireland as we work together for the well-being of our peoples and for global democracy, peace, and prosperity. A translation of President Lai’s remarks follows: Deputy Speaker John McGuinness is a dear friend of Taiwan who also chairs the Ireland-Taiwan Parliamentary Friendship Association. Thanks to his efforts over the years, support for Taiwan has grown stronger in the Oireachtas. I thank him and all of our guests for traveling such a long way to demonstrate support for Taiwan and open more doors for exchanges and cooperation. Europe is Taiwan’s third largest trading partner and largest source of foreign investment. Ireland is a European stronghold for technology and innovative industries. Just like Taiwan, Ireland is an export-oriented economy. Our industrial structures are highly complementary. We hope that Taiwan’s electronics manufacturing and machinery industries can explore deeper cooperation with Ireland’s ICT software and biopharmaceutical fields, creating win-win outcomes. In May, the Irish government launched its National Semiconductor Strategy, outlining a vision to become a global semiconductor hub. Taiwan is home to the world’s most critical semiconductor ecosystem, and our own industrial development closely parallels that of Ireland. Moreover, we aspire to build non-red technological supply chains with democratic partners. I believe that going forward, Taiwan and Ireland can bolster collaboration so as to upgrade the competitiveness of our respective semiconductor industries. Together, we can help build a values-based economic system for democracies. I was delighted to receive congratulations from Deputy Speaker McGuinness on my election. Taiwan and Ireland are both guardians of the values of freedom and democracy. This visit from our guests further attests to our common beliefs. As authoritarianism continues to expand, Taiwan will continue to take action and show the world that it is a trustworthy democratic partner that can contribute to the international community. We look forward to building an even closer partnership with Ireland as we work together for the well-being of our peoples and for global democracy, peace, and prosperity. Deputy Speaker McGuinness then delivered remarks, stating that he has been to Taiwan on many occasions and that it is a great honor to join President Lai and his staff at the Presidential Office. He said that Ireland has continued to build its strong relationship with Taiwan based on our democratic values and the interests that we have in trade throughout the world, strengthening this relationship based on culture, education, and more. Noting that he served with many other diplomats from Taiwan, he said all had the same goal, which was to further the interests of the Ireland-Taiwan friendship and to ensure that it grows and prospers. The deputy speaker then extended to President Lai the delegation’s best wishes for his term in office, stating that they commit to the same values as the previous friendship groups that have been visiting Taiwan. He went on to say that some members of the group are newly elected, representing the next generation of the association, and that they are committed to working together with Taiwan to stand strong in the defense of democracy. Deputy Speaker McGuinness also noted that the father of Deputy Ken O’Flynn, one of the delegation members, played an important role as a former chairman of the association, remarking that it is good to see such continuity taking place. Deputy Speaker McGuiness said that he believes the world is facing huge challenges and uncertainty in terms of our markets and trade with one another. He said we have to watch for what the United States will do next and be conscious of what China is doing, emphasizing that the European Union stands strong in the center of this, while Ireland plays a huge role in the context of democracy, trade, and the betterment of all things for the citizens that they represent. The deputy speaker then stated that while we focus on the development of AI that is extremely important for all of us, we can work together to ensure that we control AI rather than AI controlling us. He also remarked that we cannot lose sight of our traditional trading means, saying that we have to keep all of our trade together, expand on that trade, and then take on the new technologies that come before us. Deputy Speaker McGuinness concluded his remarks by thanking President Lai for receiving the delegation, stating that they commit to their continuation of support for Taiwan and for democracy. Also in attendance were Deputies Malcolm Byrne and Barry Ward, and Senator Teresa Costello.
Details
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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