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  • Trump vows to reinstate tariffs on China if reelected

    Former U.S. President Donald Trump pledges to reapply tariffs on Chinese goods, potentially exceeding 60%, if he wins the November presidential election. He offers no clear answer on whether he would assist Taiwan in the event of a Chinese attack. Trump plans on imposing a 60% tariff on Chinese goods, a number that may increase. He is leading in the Republican primary and is expected to face incumbent President Joe Biden in November. Trump imposed tariffs amounting to US$250 billion on Chinese imported goods during his term, sparking a trade war. Biden retained Trump’s tariff policy and banned the export of advanced semiconductors and semiconductor production equipment. Trump disputes rumors of another trade war with China, stating that he has handled all matters related to China well. He also criticizes Taiwan for taking semiconductor jobs from the U.S. and suggests imposing tariffs and trade barriers on Taiwan.
    2024/02/06 17:05
  • President Tsai stresses diversification amid ECFA concerns

    President Tsai Ing-wen criticizes China’s one-sided trade barriers and emphasizes that bilateral trade relations should not be used as a political tool in her New Year’s address. The tariff preference for certain products under the Economic Cooperation Framework Agreement (ECFA) has been suspended as of Jan. 1, 2024. Tsai notes China’s intervention in elections and expresses confidence in the people of Taiwan to make wise decisions. She argues that Taiwan’s industries already have global exposure and are gradually reducing reliance on China. Tsai believes that while the economic benefits of the ECFA are limited, diversifying risks and global positioning are important for Taiwan’s industries. She highlights that China often imposes unilateral trade barriers on other countries for political reasons, citing examples of punitive tariffs and import bans on Lithuania and Australia due to their friendly relationship with Taiwan and criticism of China’s human rights policy in Xinjiang.
    2024/01/02 12:04
  • Taiwan calls for WTO to resolve disputes with China

    Deputy Trade Representative Yang Jen-ni of Taiwan’s Office of Trade Negotiations (OTN) criticized China’s recent trade barriers against Taiwan, highlighting four major concerns. Yang pointed out that China’s investigation process is biased, unfair, nontransparent, and not in line with international norms. Documents such as applications, comments, respondent summaries, and non-confidential data were undisclosed or restricted to foreigners. Additionally, Yang condemned China for bypassing the Taiwan government during the investigation, prioritizing political objectives over economic ones. She also accused China of misinterpreting trade policies and creating a false narrative that Taiwan is unwilling to address disputes. Lastly, Yang criticized China for producing inflated and unverifiable data in its impact assessment, without solid evidence to support its claims. Yang urged China to abandon its one-sided political manipulation and suggested initiating consultations through the World Trade Organization (WTO) mechanism to resolve trade disputes.
    2023/12/21 21:34
  • Lai-Hsiao ticket narrowly leads in tight presidential race

    A new poll by ETtoday reveals a tight race in the upcoming 2024 presidential election in Taiwan. The Democratic Progressive Party’s Lai-Hsiao ticket, consisting of Lai Ching-te and Hsiao Bi-khim, leads with 35.9% support, slightly ahead of the Kuomintang’s Hou-Jaw ticket, comprised of Hou Yu-ih and Jaw Shaw-kong, at 34.7%. The Taiwan People’s Party’s Ko-Wu ticket, featuring Ko Wen-je and Cynthia Wu, trails behind with 19.6% support. Despite the close percentages, 44.3% of the public expresses confidence in the Lai-Hsiao ticket’s ability to win, compared to 30.1% for Hou-Jaw and 13.8% for Ko-Wu. Conversely, 40.5% of voters are certain they will not vote for Lai-Hsiao, while 27.3% reject Hou-Jaw and 20.6% turn away from Ko-Wu. In terms of non-constituency legislators, the KMT leads with 35% support, followed by the DPP with 31.3% and the TPP at 14.5%. The poll highlights public concern over Taiwan’s economic ties with China, particularly due to recent trade restrictions viewed as trade barriers and the suspension of the Economic Cooperation Framework Agreement (ECFA) measures. Additionally, 47.1% of respondents worry that a Lai Ching-te presidency could worsen cross-strait economic and people-to-people exchanges, while 16.4% hold the same concern for Hou Yu-ih and 11.6% for Ko Wen-je. The poll, conducted from December 18 to 19, surveyed 1,224 respondents with a margin of error of plus or minus 2.8%. Compared to the previous poll from December 14 to 15, support for the Lai-Hsiao ticket dropped by 2.6 percentage points, while the Hou-Jaw ticket saw a minor decline of 0.4 percentage points, and the Ko-Wu ticket remained unchanged. The number of undecided voters increased to 9.8%, indicating the undecided nature of the electorate ahead of the presidential vote.
    2023/12/20 15:35
  • Poll: 40.5% reject DPP’s Lai-Hsiao presidential bid

    A new poll reveals that 40.5% of Taiwanese would definitely not vote for the Democratic Progressive Party’s Lai-Hsiao ticket (Lai Ching-te, Hsiao Bi-khim) in the upcoming 2024 presidential election. The survey also shows that 47.1% believe cross-strait economic and people-to-people exchanges could worsen under Lai Ching-te’s leadership. Lai-Hsiao currently leads with 35.9% support, followed closely by the Kuomintang’s Hou-Jaw ticket (Hou Yu-ih, Jaw Shaw-kong) with 34.7%, and the Taiwan People’s Party’s Ko-Wu ticket (Ko Wen-je, Cynthia Wu) at 19.6%. A small percentage plan to abstain or render their ballots invalid, and a significant portion remains undecided. Optimism for Lai-Hsiao winning stands at 44.3%, while 27.3% completely rule out voting for Hou-Jaw and 20.6% against Ko-Wu. Hou Yu-ih is believed to have a 16.4% impact on cross-strait relations, while Ko Wen-je holds an 11.6% influence. The poll was conducted from December 18-19, surveying 1,224 individuals from Taiwan and the Fujian area. It was funded by ETtoday and has a sampling error of ±2.8% at a 95% confidence level.
    2023/12/20 11:51
  • Premier Chen urges WTO resolution for China trade spat

    Taiwan’s Premier Chen Chien-jen expresses regret over China characterizing Taiwan’s trade restrictions as trade barriers, emphasizing the need to address conflicts through the World Trade Organization (WTO) mechanisms. He urges for peaceful and equal cross-strait exchanges, highlighting that Taiwan and China can negotiate through the WTO. Premier Chen also extends condolences to the families of the victims of the recent earthquake in China’s Gansu province and offers assistance with relief efforts if needed.
    2023/12/19 16:55
  • MOFCOM ends probe, rules Taiwan’s import ban a trade barrier

    The Ministry of Commerce of the People’s Republic of China (MOFCOM) has concluded its investigation into Taiwan’s ban on importing certain products from the mainland, deeming it a trade barrier. The investigation, conducted under the Foreign Trade Law and Foreign Trade Barrier Investigation Rules, found that the ban hinders cross-strait trade relations. The ban, which covers 2,455 Taiwanese goods including agricultural products, minerals, chemicals, and textiles, was announced by Beijing in April. Originally scheduled to release the findings on October 12, 2023, MOFCOM extended the deadline to January 12, 2024. Taiwan Affairs Office (TAO) spokeswoman Zhu Fenglian criticized the ban, stating that it goes against the Economic Cooperation Framework Agreement (ECFA), which aims to reduce or eliminate tariffs and non-tariff barriers between the two sides. Zhu emphasized that such restrictions harm the interests of both sides and pledged support for measures based on the investigation’s results.
    2023/12/15 16:11
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