At Thursday's weekly Cabinet meeting, Premier Cho Jung-tai received a Ministry of Economic Affairs report on the government's plan to support Taiwan's export supply chains in response to U.S. tariffs. Following U.S. President Donald Trump's announcement of a 90-day pause on his tariff plans, during which a 10% baseline tariff will still be imposed for most of the U.S.'s trading partners including Taiwan, the premier said that the government will seize this opportunity to conduct direct and effective negotiations with the U.S., seeking to pursue Taiwan's best interests and maintain the international competitiveness of its industries.
Faced with global changes in the economic and trade landscape, the government will focus on enhancing the global presence and resilience of Taiwan's industries, enabling them to keep firm roots in Taiwan while expanding internationally, and bolster both U.S. and global market outreach, the premier said.
Regarding the plan to support Taiwan's export supply chains, the premier said that the plan's 20 core measures will remain largely unchanged. The government will continue to review and adjust the plan as appropriate, in line with the progress of future negotiations.
Premier Cho emphasized that economic security is essential to national security, and that maintaining balanced, stable economic and trade relations with other countries will further strengthen Taiwan's position in the global industrial supply chain.