Taiwan, Trump and tariffs
Digest more
Top News
Overview
Impacts
Bloomberg |
This will include NT$70 billion for the manufacturing industry and NT$18 billion for the agricultural industry, Premier Cho Jung-tai said at a briefing.
The Boston Globe |
China announced Friday that it will impose a 34% tariff on imports of all US products beginning April 10.
The Atlantic |
His plan, if fully implemented, will return the United States to the highest tariff duty as a share of the economy since the late 1800s, before the invention of the automobile, aspirin, and the incan...
Read more on News Digest
China has demanded that Taiwan compensate Chinese fishermen for losses after a Taiwanese navy landing ship and a Chinese fishing boat collided outside restricted waters last week.
Taiwan's government on Friday announced at least T$288 billion ($8.74 billion) in financial help for companies and industries to deal with the impact of U.S. tariffs, including export credits.
"It used to be built here. Our policies let Taiwan take it all," Lutnick said.
The Chinese military said the drills are a "severe warning and forceful containment against Taiwan independence."
China's launches drills around Taiwan to "severely punish" the island's pro-independence leader, as the U.S. boosts its war footing in Japan to deter Chinese "aggression."
Explore more
The Chinese military staged a second day of exercises around Taiwan on Wednesday, launching live-fire strikes in the East China Sea and practicing blockade operations near crucial shipping lanes to the east and west of the island.
China's military concluded two-day war games around Taiwan in which it held long-range, live-fire drills in the East China Sea, marking an escalation of exercises around the island.
The barges, which link up to form a bridge, could give China a way to land large numbers of vehicles and troops on Taiwan, solving a major logistical problem.
- China and Taiwan have nearly gone to war several times since 1949. The two sides last joined battle on a large scale in 1958, when Chinese forces bombed the Taiwan-controlled Kinmen and Matsu islands for more than a month, alongside naval and air combat.
One analyst called China’s large-scale drills a “pre-invasion operation” as it ramps up attacks on Taiwanese President Lai Ching-te, calling him a “parasite.”