00:00Taiwanese businesses need to expand even more overseas.
00:03That was the message from government officials and industry leaders here at a forum in Taipei
00:08on supply chains and tariffs.
00:10The event was hosted by a local economic news outlet.
00:13Speakers discussed global trade uncertainty and how tariffs are reshaping where companies
00:18invest and build.
00:19That says Taiwan's economy is booming on the back of AI hardware demand, even as US
00:24tariffs have put pressure on traditional export industries.
00:27Still, Economy Minister Gong Mingxin says businesses should invest more abroad to become an economy
00:32that never sleeps.
00:33So why can we start to expand Japan, Europe, and America?
00:41We need to think about how to expand the whole world's core energy for the whole world.
00:52Panelists say US tariffs are a major reason Taiwanese firms are thinking more about investing
01:03in the US.
01:04And some speakers have argued the shift is already happening, with companies moving away from their
01:08long-time investment base in China.
01:10Many of the discussions came back to the same point, keep Taiwan at the center of global supply chains.
01:36For those here, tariffs are changing the map on business and trade, which is why they say
01:40Taiwan's companies should go global without losing their base at home.
01:44Patrick Chun and Chris Gorin in Taipei for Taiwan Plus.
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