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2024-05-27
President Lai meets US bipartisan congressional delegation led by House Foreign Affairs Committee Chairman Michael McCaul

On the morning of May 27, President Lai Ching-te met with a bipartisan congressional delegation from the United States led by House Foreign Affairs Committee Chairman Michael McCaul. In remarks, President Lai stated that the new administration will uphold the Four Commitments and actively implement the Four Pillars of Peace action plan. The president said that Taiwan will continue to deepen cooperation with the US and other like-minded countries to jointly maintain regional peace, stability, and prosperous development. He expressed hope that with the delegation’s support, Congress will continue to assist Taiwan in strengthening our self-defense capabilities through legislative action, thereby advancing bilateral exchanges and cooperation. The president also expressed hope that the Taiwan-US double taxation issue will be resolved swiftly so as to further bilateral investment and industrial cooperation.

A translation of President Lai’s remarks follows:

First, I want to thank US House Speaker Mike Johnson for his public congratulations so soon after my and Vice President Bi-khim Hsiao’s inauguration. And I extend a warm welcome to Chairman McCaul, a long-time friend of Taiwan, who is leading this bipartisan delegation of prominent members of Congress on behalf of Speaker Johnson. This is the first US congressional delegation to visit since I took office, demonstrating your firm support for the new administration, as well as the people of Taiwan. I extend my sincere appreciation to you all.

This year marks the 45th anniversary of the Taiwan Relations Act – a cornerstone in the development of Taiwan-US relations. Recently, Chairman McCaul and Representative Young Kim have both provided assistance by holding hearings on Taiwan. Representative Andy Barr, co-chair of the Congressional Taiwan Caucus, as well as the other three co-chairs also proposed a resolution commemorating the 45th anniversary of the Taiwan Relations Act. And many members of the delegation expressed their support by cosigning it. Thank you again for this outpouring of friendship, and for supporting Taiwan through action.

Looking ahead, the new administration will uphold the Four Commitments, and actively implement our Four Pillars of Peace action plan. We will continue to deepen cooperation with the US and other like-minded countries to jointly maintain regional peace, stability, and prosperous development.

I deeply admire former President Ronald Reagan’s approach of “peace through strength.” Therefore, moving forward, I will enhance reform of and bolster national defense, demonstrating to the world the Taiwanese people’s determination to defend our homeland.

The delegation members here today, as members of the House Foreign Affairs and Armed Services Committees, are important Taiwan-friendly forces. With your support, I hope that Congress will continue to assist Taiwan in strengthening our self-defense capabilities through legislative action, thereby advancing bilateral exchanges and cooperation.

I would like to express my thanks for the strong support from Congress in passing into law the Indo-Pacific Security Supplemental Appropriations Act, 2024. This shows firm determination to maintain peace and stability in the Taiwan Strait. I also want to thank Congress for promoting the Taiwan-US Initiative on 21st-Century Trade. I hope that follow-up negotiations will soon yield results, as well as that the Taiwan-US double taxation issue will be resolved swiftly, so as to further bilateral investment and industrial cooperation. As we begin a new chapter, I am confident that Taiwan-US relations will steadily deepen, leading to ever more fruitful exchanges.

Chairman McCaul then delivered remarks, first saying on behalf of the delegation women ai Taiwan, which means “we love Taiwan.” He then congratulated President Lai on his election, saying that Taiwan is a thriving democracy, and this election proves it.

Chairman McCaul indicated that he visited President Lai in Taiwan a year ago when he was still vice president, and said he couldn’t be happier that Taiwan has the right man, at the right time, in the right place. He said the people of Taiwan have a brave and courageous leader in President Lai, and we can’t wait to work with him.

The chairman went on to say that this is the first official delegation to visit Taiwan following President Lai’s historic inauguration, and that they are here on behalf of Speaker Johnson to show that Congress, on a bipartisan basis, supports Taiwan. Chairman McCaul emphasized that we are stronger when we stand together, and that he likes to say, “Politics stop at the water’s edge.” That is certainly the case here, he said, as the delegation members are not here as Republicans or Democrats, but as Americans in strong support of this beautiful island.

Chairman McCaul expressed agreement with President Lai when he said in his inaugural address, “… sovereignty lies in the hands of the people.” The chairman then stated that this year we celebrate the 45th anniversary of the Taiwan Relations Act, which guides our partnership and the US’s commitment to peace in the Taiwan Strait.

Chairman McCaul emphasized that three commitments in that historic legislation stand out to him: 1. to provide Taiwan with [arms] of a defensive character; 2. to make clear that the future of Taiwan will be determined by peaceful means; and 3. that the US shall maintain the capacity ... to resist any resort to force or [other forms of] coercion that would jeopardize the security ... of the people of Taiwan. That is what we stand for, and that is what we continue to stand for, he stated.

The chairman went on to say that just three days after President Lai’s inauguration, the forces of China conducted intimidating military exercises, demonstrating that they are not interested in taking Taiwan by peaceful means, as agreed to in the Taiwan Relations Act in 1979. He emphasized that all democracies must stand together against aggression and tyranny. Whether it’s [Vladimir] Putin in Russia, Ayatollah [Ali Khamenei] in Iran, or Chairman Xi [Jinping] next door to us in China, he said, an unholy alliance is eroding peace around the world. Not since World War II have we seen such blatant violence and naked aggression, he said.

Chairman McCaul indicated that Taiwan is an engine of innovation for democracies, and that by giving the Taiwanese people freedom and democracy, this small island transformed into a technological powerhouse. He said he is proud that initiatives like the Chips Act are deepening our already strong economic ties, emphasizing that 60 percent of international trade goes right through the Taiwan Strait, and over 90 percent of advanced semiconductor manufacturing is performed right here in Taiwan.

Chairman McCaul said we are also committed to resolving tax issues between our two economies to bring more US investment to Taiwan, and vice-versa. He said Americans and Taiwanese working side-by-side can supercharge emerging technologies like AI and quantum computing to enhance our prosperity and solve many of our societal issues.

The chairman then said that US General Douglas MacArthur once referred to Taiwan as an “unsinkable aircraft carrier” to describe the physical island’s huge strategic significance and value. And what the Taiwanese people have built on this island is even more precious, he said, adding that it’s a democratic and technology marvel. He then said we must make sure that no one in their right mind would try to upset the peace that lets Taiwan thrive, and that America is and always will be a reliable partner. He said no amount of coercion or intimidation will slow down or stop the routine visits by Congress to Taiwan.

As Taiwan proves time and time again, the chairman said, the people on this island are resilient and can resist the CCP’s coercion. He said that Taiwan’s bravery and courage inspires the world as a beacon of hope and democracy, and that he looks forward to a great future, because together we can keep our commitment to peace and to prosperity.

The delegation also included Members of the House of Representatives Jimmy Panetta; Ms. Kim, who also chairs the House Foreign Affairs Subcommittee on the Indo-Pacific; Chrissy Houlahan, Joe Wilson, and Mr. Barr. The delegation was accompanied to the Presidential Office by American Institute in Taiwan Taipei Office Director Sandra Oudkirk.

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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.
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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