Focus Taiwan
Date: 2018/03/23
By: Kuan-lin Liu, Yeh Su-ping, Chung Jung-feng and Fan Cheng-hsiang
Taipei, March 23 (CNA) President Tsai Ing-wen (蔡英文) laid out four strategies Friday that
President Tsai Ing-wen
she said Taiwanese businesses should adopt in order to protect their interests in the face of an escalating trade war between the United States and China.
Speaking to a delegation from the Asia Taiwanese Chambers of Commerce, Tsai addressed a U.S. announcement a day earlier that it will impose tariffs on US$60 billion-worth of Chinese imports, China’s proposed retaliatory tariffs on US$3 billion-worth of U.S. goods, and what Taiwan can do to protect itself from this market shakeup.
First, Tsai said, Taiwan needs to strengthen its development and production capabilities.
This means providing the techniques and added value to creating products considered to be “made in Taiwan,” she said. [FULL STORY]
