Business Chamber Chair: Premier Upbeat on Tariff Deal

TaiwanPlus News

Premier Cho Jung-tai met with business chamber chair Hsu Shu-po, who said Cho appeared confident about securing a US-Taiwan tariff deal, with rates unlikely to exceed 20%. Their talks touched on challenges facing Taiwan’s US$480 billion service sector, including labor shortages, migrant workers, and tariffs.  Cho also urged the legislature to pass next year’s national budget, warning that the delay is hampering the government’s policy agenda. The bill remains pending in the legislature.

Transcript

00:00Taiwan's Premier Zhu Rongtai has met with the head of one of Taiwan's biggest business associations.

00:06The industry leader said Zhu seemed upbeat about the prospect of a U.S.-Taiwan trade deal on tariffs.

00:21Zhu made the remarks after an annual meeting with the Premier.

00:24The two sides discussed issues affecting Taiwan's 480 billion U.S. dollar service sector, including labor shortages, migrant workers, and tariffs.

00:34Zhu urged the government to reach a deal with Washington by year-end to help businesses brace for changes.

00:40Zhu Rongtai called on the legislature to pass next year's national budget so the government can move forward with its agenda, including economic initiatives.

00:47The budget is still pending legislative approval.

01:02legislative approval.

Category

Transcript

Comments

Recommended