Tariffs, Currency and AI Take Center Stage at Global Taiwan Econ Forum

TaiwanPlus News

Taiwanese business leaders from around the world gathered in Taipei to discuss U.S. President Donald Trump's tariff policies, Taiwan's fluctuating currency exchange rate and AI.

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00:00What to do in an ever-changing and volatile trade environment?

00:05That's what Taiwanese business leaders from all over the world are discussing at an economic forum here in Taipei.

00:12The country currently faces a growing number of business challenges.

00:16From U.S. President Donald Trump's potential tariff levies on Taiwanese goods

00:20to widely fluctuating currency exchange rates that have significant implications for the country's export-dependent economy,

00:27businesses here are facing strong headwinds.

00:30So it's no surprise that tariffs and exchange rates took center stage at this forum.

00:36Beyond that, though, was a discussion about AI and leveraging Taiwan's tech prowess to maintain a competitive edge.

00:43One of Wednesday's speakers was the chair of Taiwan's External Trade Development Council and former foreign minister James Huang.

00:57These external challenges come at a time when internal divisions are dominating the country's political landscape as well.

01:20Next weekend, two dozen lawmakers from Taiwan's main opposition, Kuomintang, will face recall votes.

01:27Campaigns for and against the recalls are sowing deep divisions among the public.

01:32But new Taipei City Mayor Hou Youyi of the KMT called for unity in the interest of the economy here at the forum.

01:39The forum will go on for the next three days.

02:00The hope is that with so many enterprising minds from all around the world in the same space,

02:05they can find some clarity moving forward in a tumultuous world.

02:09Scott Huang and Leslie Liao in Taipei for Taiwan Plus.

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