Skip to playerSkip to main content
  • 6 months ago
Taiwan’s Vice Premier Cheng Li-chun says negotiations with Washington to reduce the 20% U.S. reciprocal tariff on most Taiwanese goods are still in progress and the rate is not final. She also addressed reports that the U.S. is linking trade talks to defense spending, saying Taiwan has already committed to raising its defense budget above 3% of GDP.

Category

🗞
News
Transcript
00:00Taiwan Vice Premier Zheng Lijun held a press conference on Monday
00:03on the 20% U.S. tariff on most U.S. goods
00:06and the ongoing talks with Washington.
00:09She says they're still trying to get the rate down,
00:11especially since existing tariff rates stacked on top of each other.
00:16目前,我们的对等关税暂时性的税率是20%,
00:20所以计算方式也就是原税率再加20%这样的计算方式.
00:27那我们举例,例如说水五金当中的水龙头,
00:32它的原税率是2.6%。
00:35那新适用的税率就会是2.6%,再加20%,也就是22.6%.
00:40Most of Taiwan's trade surplus with the U.S. comes from chip sales, roughly 90%.
00:44Chips remain exempt from tariffs until the U.S. Commerce Department
00:48finishes its Section 232 review, possibly this week.
00:53Zheng did address reports, including in the Washington Post,
00:55that the U.S. has been pushing countries like Taiwan
00:58to increase their defense spending
01:00or buy more American military equipment as part of trade deals.
01:04那我们未来的国防预算要达到预 GDP 3%以上这样的一个目标.
01:12所以在谈判过程当中,我方也向美方来表达
01:16我国赖总统已经公开宣誓我国国防预算的目标.
01:21所以在谈判当中就没有太多的进一步的讨论。
01:24The Vice Premier says once the deal is ready,
01:27it will be brought to the legislature,
01:30where lawmakers will have a chance
01:31to have their voices heard before they vote on it.
01:34Alex Chen and Chris Gorin in Taipei for Taiwan Plus.
Comments

Recommended