Taiwan cannot be provoked by Trump. A fresh strategy will emerge

news.5v.pl 2 months ago

“Taiwan does not intend to impose retaliatory duties on the United States,” stated president Lai Qingde of Taiwan on Sunday and announced the introduction of a fresh country’s improvement strategy. This is simply a consequence to Donald Trump's Wednesday decision, which imposed a 32 percent tariff on goods imported from the island.

Lai listed 5 concrete steps that his administration intends to take to improve trading conditions with USA and guarantee ‘Stable economical development’ of Taiwan.

Taiwan doesn't want to go to war with Trump. Instead, support for local companies

Increasing purchases (including arms) and investment in the US, helping local companies, preparing long-term improvement strategies, establishing a fresh framework for cooperation and more effective support for the private sector have been identified as key pillars of the fresh ruling organization strategy DPP.

SEE: Undersea cables destroyed. Taiwan points to China

As stated by the government’s press secretary Karen KuoLai has already held talks with national entrepreneurs. – If we carefully examine economical relations Taiwan from the USA, it is easy to announcement that exports to the US only account for 23 percent of our full exports. If we only take the right action, we will be able to mitigate the effect of the fresh duties, we cannot panic," he said after the meeting.

Taipei is betting on a conciliation, Beijing to confront

The president besides recalled Taiwan's contribution to the US's economical improvement and called for bilateral cooperation to be strengthened so that problems could be resolved through common discussion.

SEE: China responds to Donald Trump's move. Beijing decided to impose duties on all goods

Taipei's decision is in contrast to Beijing's fresh statement, which has already announced the application of 34 percent retaliatory duties to American goods and accused Washington of "unilateral intimidation".

Source: RFI