On Wednesday at a press conference, Peng Qing’en, spokesperson for the State Council Taiwan Affairs Office in the Chinese mainland, commented on the recent tariff talks between Taiwan authorities and the United States. The U.S. Department of Commerce announced that Taiwan’s semiconductor and technology enterprises would make at least $250 billion in new direct investments in the United States, and that Taiwan authorities would provide credit guarantees of at least $250 billion for these investments, in exchange for a reciprocal U.S. tariff cap of 15 percent on Taiwan-made goods.
Taiwan authorities have hailed the talks as a success. However, Peng described the arrangement as "the United States using tariffs to exert maximum pressure, coercing Taiwan to sharply increase investment in the United States and attempting to hollow out Taiwan's advantageous industries." He warned that such a deal could jeopardize the island’s long-term development prospects.
The exchange highlights growing debates over how Taiwan’s tech sector should balance international partnerships with the need to sustain domestic competitiveness. As global markets and tech observers watch the situation unfold, many are asking whether the benefits of increased investment will outweigh the risks of shifting key industries offshore.
Reference(s):
DPP's so-called trade deal with U.S. sells out Taiwan's interests
cgtn.com
