HomeEconomyDespite the commercial war, Taiwan wants to remain close to the United...

Despite the commercial war, Taiwan wants to remain close to the United States

Taiwan will direct the largest foreign delegation to the Selectual Summit and seek to strengthen cooperation with the United States, despite the customs duties imposed by the United States government.

Despite the commercial war launched by the Trump administration, Taiwan wants to continue developing its cooperation in industrial and military affairs with the United States, a Taiwanese official in Washington said on Sunday.

The US administration has inflicted customs duties in all its commercial partners. Taïpei imposed himself into functions of up to 32%, with the exception of semiconductors, in which Taiwan is at the forefront, before Donald Trump suspended them, in mid -April, for three months.

Under pressure, TSMC, Taiwanese champion of the most sophisticated chips, recently presented an additional $ 100 billion investment project in the United States.

“We have seen everyone express their concern for customs duties. And our President Lai Ching-te has already met the officials of the great Taiwanese companies ten times, which also shows their great concern,” said Kung Ming-Hsin, a member of the Taiwanese executive, visiting the US capital with the occasion of the select investment peak.

Reinforced presence in Selectusa

Kung Minh-Hsin takes Washington a delegation of 183 Taiwanese delegates, the largest foreign contingent present at the Selectual Summit that opens its doors this Monday, or 138 companies and new Taiwanese companies that came to explore the possibilities of cooperation and investment in the United States.

Washington is the main guarantor of Taiwan’s security against Beijing, and Donald Trump voluntarily puts the link between this US military support for commercial problems, such as Japan and South Korea.

About 60% of Taiwanese exports to the United States represent advanced technologies, mainly semiconductors.

In 2024, Taiwan was the seventh most important commercial partner for the United States, for an amount of $ 157.9 billion, according to Kung Minh-Hsin.

Strengthen military cooperation

“We can investigate and develop together in the field of drones, for example. The United States has advanced technologies and Taiwan is very strong to produce this type of avant -garde technologies. Therefore, they can have good cooperation in this area. If we could do this, it would be very useful to improve our industrial safety,” he said.

In 2024, Taiwan presented new drone and anti -drug control systems in 2024, said the International Peace Research Institute of Stockholm (SIPRI).

According to Sipri’s data, Taiwan’s military spending reached $ 16.5 billion in 2024. The island also received $ 1.9 billion in the United States, which support certain countries in the Indo-Pacific area against the touches of China.

Around 18% of the Taiwanese military budget was dedicated to US naval systems and the modernization of acquired F-16 combat aircraft from the United States.

Author: HC with AFP
Source: BFM TV

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