Taiwan’s Hidden Opportunity: How Trump’s Presidency Could Spark a Business Boom

[[FTNN新聞網]Reporter Sun Willun/Reporting from Taipei

With the presidential election for the 47th President of the United States confirmed this afternoon (6th), with Republican candidate Donald Trump returning to the White House, what will be the impact on Taiwan in the future? Liu Jingqing, chairman of the National Development Council, believes that Trump’s policy is to impose 60% tariffs on China and gradually increase them to 10% on Taiwan. However, Taiwanese businesses are mainly OEMs for American manufacturers, so they may be judged to benefit from the transfer order’s impact. , which is “Opera surpasses dangerous.” Economy Minister Kuo Chi-hui believes the qualifications of either candidate will have little impact on changes to Taiwan’s economy.

Liu Jingqing, chairman of the National Development Council, believes that Trump’s policy is to impose 60% tariffs on China and gradually increase them to 10% on Taiwan. However, Taiwanese businesses are mainly OEMs for American manufacturers, so they may be judged to benefit from the transfer order’s impact. , which is “Opera surpasses dangerous.” (Photo/Congress Channel)

When Liu Jingqing and Guo Zhihui went to the Legislative Yuan today to report on measures to tackle low wages for young people, promote companies to improve the salary levels of young people and grassroots workers, and deal with the difficulties of traditional industries and small and medium-sized enterprises, they are relevant US chip Asked if the bill would have any effect on Taiwan, if Trump is elected president, the adverse effect on the industry.

In an interview, Guo Zhihui said the government has some preparations for the candidate to influence Taiwan. Kuo Zhihui believes that the economic relationship between the United States and Taiwan is very deep, and the works of the US and Taiwan industries are complementary and not easy to change.

Liu Jingqing also responded to the legislator’s question that the subsidy provided by the US Chip Act has set “milestones”, TSMC will meet the standards after production, and will apply for subsidies after mass production, and if not the US Chip Act. The United States shall appropriate funds according to law, unless amended or repealed by the Senate and House of Representatives.

Liu Jingqing also said that Trump’s main policy is to impose 60% tariffs and 10% tariffs on China, and China is under relatively high pressure to reduce imports in the year, while other countries have imposed 10%. Tariffs, including Taiwan, will gradually increase by 10% and Taiwan will essentially “outweigh the disadvantages” of this tariff policy for American manufacturers, and Taiwanese businesses will benefit from the reordering effect.

Liu Jingqing said that if the security fee is imposed on TSMC, the biggest impact will be the high cost of American products, such as Qualcomm, HUIDA, AMD, Intel, and TSMC cooperate to set up a factory in Arizona in the United States, which has a certain impact on the security of American chips. Therefore, Trump’s “security fee” statement should be election language and difficult to implement.

Liu Jingqing also said that US sanctions on Chinese technology will expand, affecting the net profits of Huawei and other Chinese technology industries. This is an opportunity for Taiwanese manufacturers. US sanctions on Chinese technology will expand, affecting the net profits of Huawei and other Chinese technology industries. This is an opportunity for Taiwanese manufacturers.

When answering questions, Kuo said that the economies of Taiwan and the United States are complementary, and Taiwan’s chip supply chain is very strong, but in terms of chip design, the US is responsible for 70 to 80% of the world’s TSMC, which will be very good for the American industry. no

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