By: Chu Tze-wei and Shih Hsiu-chuan
Taipei, July 11 (CNA) Local economic experts on Wednesday called on the
government to devise strategies to contain the fallout from the United States’ trade war with China which they said is certain to impact Taiwan.
Earlier Wednesday, Vice Minister of Economic Affairs Wang Mei-hua (王美花) had said the latest announcement on Tuesday by the U.S. that it plans to impose 10 percent tariffs on another U$$200 billion of Chinese exports as soon as September, would have only limited impact on Taiwan.
In contrast, Liu Meng-chun (劉孟俊), director of the first research division of Taiwan’s Chung-Hua Institution for Economic Research, said it is unlikely Taiwan will escape unscathed from the trade war. [FULL STORY]