Tariff Talks With US Still Ongoing, Say Premier and Vice Premier

TaiwanPlus News

Taiwan’s Premier Cho Jung-tai and Vice Premier Cheng Li-chiun faced questions in the legislature Monday about ongoing tariff negotiations with Washington, with opposition lawmakers criticizing the process as opaque.

Transcript

00:00Taiwan's top cabinet officials faced questions from lawmakers on Monday about ongoing tariff

00:05negotiations with the United States, and reiterated some of the government's key goals in the

00:10talks.

00:11First among them is to lower the tariff rate below its current 20 percent, second, to fold

00:15the as-yet unannounced semiconductor tariffs, known as Section 232, into any overall deal,

00:21and third, to avoid having new tariff rates stack on top of old ones, pushing that effective

00:26rate even higher.

00:28Vice Premier Zheng Lijun, who is leading the negotiation team, said that the talks are

00:32active, with the team having had a call with their U.S. counterparts as recently as last

00:37Friday.

00:38Opposition lawmakers have criticized the process as opaque, and they're raising concerns about

00:42Taiwan's tariff rate being higher than neighboring countries.

00:45And the other states, that the agreement has failed to lose the answer.

00:52This is a weak decision.

00:55The Japanese, North Korea, and Taiwan's largest champion players, are all 15-period on the

01:05line.

01:06While Premier Zhu Rongtai was in the legislature answering questions,

01:13President Lai Qingde was in the presidential office meeting with agricultural experts

01:17and touting the government's nearly $600 million relief plan

01:21as part of an overall tariff relief package.

01:24So as we wait for the Section 232 announcement

01:27and an overall trade deal with Washington,

01:30expect to see more public officials out trying to reassure the public.

01:34Patrick Chun and Chris Gorin in Taipei for Taiwan Plus.

Category

Transcript

Be the first to comment

Recommended