00:00Taiwan's government says it is standing by its trade deal with Washington, a deal that
00:04took months to negotiate.
00:05This is after the U.S. Supreme Court blocked President Donald Trump's sweeping tariffs.
00:09Taiwan's Vice Premier, who led the negotiations with Washington, has more to say about the
00:13situation.
00:28Under the agreement signed in mid-February, the U.S. will lower Taiwan's tariffs to 15%
00:34with no stacking.
00:36Taiwan also committed over 500 billion U.S. dollars in U.S.-based investments, purchases
00:42and loans.
00:43Despite the court ruling, Trump has imposed new global 15% tariffs under a different
00:48legal authority.
00:50He later warned countries against backing away from recently negotiated trade deals, threatening
00:54to hit them with higher duties under different trade laws.
00:57But Chen clarified that the current tariff rates for industries like semiconductors will not
01:02be impacted.
01:03This is because the Supreme Court's ruling does not include Section 232 tariffs and most
01:08favor nation treatment.
01:09President.
01:10I was aentioned to report that the law of the lawsuit is not appropriate to the 232
01:14deal with.
01:14Therefore, in my country and the United States have wedged the National bare-IV
01:17Initiative National tap乏 in the United States Track alone.
01:19The two laws of the U.S. are not authorized to be made in the future of the 232
01:22deal with major tax balance in the interests and debt.
01:26and the government will not change.
Comments