Taiwan Responds to U.S. Tariff Policy with Focus on Economic Resilience and International Cooperation
Taipei, Taiwan – August 1, 2025 – In a statement released today by the Office of the President, President Lai Ching-te addressed Taiwan’s strategic response to the United States’ recent reciprocal tariff policy. The President outlined Taiwan’s commitment to maintaining stable economic relations while safeguarding its domestic industries and global competitiveness.
President Lai emphasized that Taiwan fully understands and respects the United States’ sovereign right to implement trade policies aimed at addressing perceived imbalances. He underscored the deep and enduring partnership between Taiwan and the U.S., highlighting the shared values and mutual economic interests that underpin this crucial relationship.
The statement detailed Taiwan’s proactive approach to navigating the implications of the new tariff measures. Key strategies include:
- Diversification of Trade Markets: Taiwan is actively working to strengthen trade ties with a broader range of international partners. This strategic diversification aims to reduce reliance on any single market and build greater economic resilience against external shifts.
- Support for Domestic Industries: The government is committed to providing targeted support for industries that may be significantly impacted by the U.S. tariffs. This support will focus on enhancing competitiveness, fostering innovation, and exploring new avenues for growth.
- Enhancement of Value Chains: Taiwan will continue its efforts to upgrade its position within global value chains, focusing on high-tech manufacturing, advanced services, and sustainable development. This strategic move will bolster Taiwan’s economic standing and create new opportunities.
- Continued Dialogue and Cooperation: President Lai reiterated Taiwan’s readiness to engage in open and constructive dialogue with the United States to find mutually beneficial solutions. The government remains dedicated to transparent communication and collaborative problem-solving.
“Taiwan’s economic strength has always been rooted in its adaptability and its commitment to free and fair trade,” President Lai stated. “We are confident that by working closely with our international partners and by continuing to invest in our own innovation and competitiveness, we can effectively navigate this new trade landscape and emerge even stronger.”
The President also expressed optimism that the United States, as a key strategic ally, will consider Taiwan’s unique economic circumstances and its vital role in global supply chains. Taiwan looks forward to a continued spirit of cooperation and mutual understanding with the U.S. administration.
This measured and strategic response reflects Taiwan’s dedication to maintaining economic stability, fostering international cooperation, and upholding its position as a reliable partner in the global economy. The government remains focused on the long-term well-being and prosperity of its citizens.
President Lai delivers remarks on US reciprocal tariff policy response
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