Taiwan's trade performance has been at its strongest. The share of Taiwan’s exports going to the U.S. has steadily risen from 12% in 2016 to 22.3% in the first quarter of this year. For the first time in 20 years, The US became Taiwan’s largest export market. However, if forTrump comes back in November, Taiwan will face a US president who sees trade deficits as the enemy. He has been gloating ideas about increasing tariffs and taking back chip manufacturing. What would all this mean for Taiwan and is there anything we could do about it?
07:25 - How has Taiwan's economy benefited from trade?
16:16 - Taiwan's responsie to the US re-shoring strategy
18:10 - What would Trump's second term mean for Taiwan's economy?
21:15 - When things become more expensive because of tariffs, who will pay?
Host: Kwangyin Liu
Guest: Daniel Liu, Director of Regional Development Study Center, Chung-Hua Institution for Economic Research
Producer: Weiru Wang
＊Read about Taiwan's ventures in Southeast Asia as a result of the "friendshoring" strategy: https://english.cw.com.tw/article/article.action?id=3542
＊Share your thoughts: bill@cw.com.tw
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