Taiwan’s Vice Premier Cheng Li-chiun returned home on Sunday after engaging in crucial US tariff talks on Taiwan’s trade relations. These negotiations aim to improve Taiwan’s tariff rates with the United States. Cheng emphasized that the government will continue to work hard to secure more favorable trade conditions for the country.
The vice premier traveled to the US in late July for the fourth round of these important discussions. Previously, two rounds took place in May and June, showing steady progress in ongoing talks. This persistent dialogue highlights Taiwan’s commitment to protecting its national interests and enhancing industrial welfare.
Recently, US President Donald Trump announced a temporary reduction of tariff rates to 20% for Taiwanese goods. However, Taiwan’s President Lai Ching-te clarified that the final tariff rates have yet to be determined. He stressed that the 20% figure remains a provisional rate during the negotiation process.
President Lai expressed his gratitude towards the entire negotiation team, including Vice Premier Cheng and chief negotiator Yang Jen-ni. He praised their unwavering dedication in representing Taiwan’s priorities during these complex talks. The president underlined that the discussions take place with the goals of safeguarding national interest, industrial welfare, food security, and public health.
The government’s approach to the US tariff talks on Taiwan’s trade relations reflects a balanced strategy. On one hand, it prioritizes protecting vital industries and workers. On the other, it ensures food safety and public health remain uncompromised. This comprehensive outlook guides the negotiation team’s decisions.
Moreover, Vice Premier Cheng emphasized that Taiwan remains open to continued dialogue. She noted that these talks are essential to creating sustainable trade benefits. Taiwan hopes to finalize agreements that support long-term economic growth and stability.
In summary, the US tariff talks on Taiwan’s trade relations continue to be a top priority. The Taiwanese government remains committed to negotiating better terms and securing the nation’s economic future. As talks progress, officials remain hopeful for a positive outcome benefiting all stakeholders.
