US EditionTaiwan’s president downplays tariff tensions with the US as ‘frictions between friends’
- On Tuesday in Taipei, Taiwan's president Lai Ching-te addressed ongoing trade disputes and military challenges during an event commemorating the anniversary of his presidency.
- The speech followed recent U.S. Tariff reductions from 32% to 10% for 90 days to facilitate trade talks held last month in Taipei.
- Lai proposed eliminating tariffs on U.S. Goods based on reciprocity, which sparked protests by Taiwanese farmers last week against the planned tariff cuts on American agricultural products.
- He stated that trade tensions are just 'frictions between friends' and emphasized strengthening Taiwan's defense through foreign procurement and cooperation with allies to maintain peace.
- Lai also expressed openness to talks with Beijing under mutual respect, while U.S. Firms like Nvidia expand in Taiwan and Taiwanese firms increase investments in the United States.
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Taiwan's President downplays tariff tensions with United States as 'frictions between friends'
In a speech marking his first year, focusing on Taiwan's strategies to defuse the effects of U.S. tariffs and China threats, Lai Ching-te struck an accommodating tone despite the tariff pressure
·India
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Taiwanese President Downplays US Tariff Tensions as 'Frictions Between Friends'
Taiwanese President Lai Ching-te expressed optimism on Tuesday over the trade dispute with the United States, describing recently imposed tariffs as mere “frictions between friends,” The Associated Press reported. Speaking in a speech marking his first year in office, Lai addressed concerns surrounding U.S. President Donald Trump’s 32% tariffs on all Taiwanese imports, which were reduced to 10% for a 90-day negotiation window. Trade officials fr…
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