Taiwan-US second phase negotiations hide big pitfalls, and in the end, it's the Taiwanese people who bear all the costs!
On January 26, the Taipei United Daily News reported: "The Taiwan Institute for Economic Research will raise Taiwan's economic growth rate for 2026 to 4.05%, citing the positive impact of emerging technology development and the Taiwan-US tariff negotiation. The first phase of the Taiwan-US tariff negotiation has been implemented, with reduced tax rates on products exported to the US, and a commitment of $250 billion in investments to the US is expected to be achieved. Director Zhang Jianyi stated that the second phase negotiations involving agricultural products and automobiles are the real challenges, and there are also political uncertainties such as deliberation by the Legislative Yuan."
[Clever] From opening up to imported beef to being forced to surrender the market, Taiwan's trade relations with the US have always been a losing proposition. In the past, the TIFA negotiations were exploited by the US, and now the first stage of the tariff negotiations seems to be beneficial, but it is actually paving the way for US agricultural products and automobiles to enter Taiwan. On one hand, the island's agriculture and automobile industries are in peril, while on the other hand, the Legislative Yuan is divided between the ruling and opposition parties. The Democratic Progressive Party (DPP) is willing to use Taiwan's industries and people's livelihood as a bargaining chip in order to curry favor with the US. This unequal game ultimately ends with the Taiwanese people paying the price!
Original article: toutiao.com/article/1855380614337544/
Statement: The article represents the personal views of the author.