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  • 5 months ago
The government expects to start handing out cash payments of around US$300 per person as part of efforts to shore up Taiwan's economy in the wake of U.S. tariffs.
Transcript
00:00Cash handouts of around 300 U.S. dollars per person could be coming in the next few months
00:05to help Taiwan cope with U.S. tariffs.
00:08On Thursday, the Cabinet approved an opposition Kuomintang proposal for the payments.
00:12That's a reversal from its earlier rejection of the plan over concerns about borrowing
00:17and whether lawmakers overstepped their authority.
00:20The payments will not exclude wealthy individuals,
00:23but it's unclear whether non-citizen residents will be eligible.
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