TAIPEI (TVBS News) — Wu Tung-liang (吳東亮), chairman of the Chinese National Association of Industry and Commerce, warned on Wednesday (July 17) that U.S. Republican presidential candidate Donald Trump might impose additional tariffs after his potential return to the White House, causing inflation to rise and delaying global interest rate cuts, and potentially impacting the global economic landscape.
Trump has raised alarms worldwide, particularly regarding his possible revival of protectionist policies. He recently accused Taiwan of taking over the U.S. chip industry and suggested that Taiwan pay the U.S. a protection fee.
During an interview with Bloomberg Businessweek, Trump discussed various issues, including the U.S. economy, foreign policy, and Taiwan. His lukewarm stance on countering a potential Chinese invasion of Taiwan partly stems from his economic dissatisfaction.
Jason Chen (陳俊聖), chairman of Acer Incorporated (宏碁), responded to Trump's accusations by clarifying that their company purchases chips based on needs, whether from Taiwanese or American companies.
As the global market watches closely, the potential economic implications of Trump's policies remain a significant concern. Stakeholders and policymakers must navigate these uncertainties while preparing for possible shifts in financial strategies.
