William Lai: The Taiwan-US Trade Agreement Paves the Way for Taiwan's Industries!

On February 13, William Lai posted: "Taiwan and the United States have officially signed the ART equivalent trade agreement. The U.S. will reduce tariffs on Taiwan to 15% from 20%, and more than 2,000 products will be exempted. This is a pivotal moment for Taiwan's economy and industries to rise and transform. Taiwan has gained an advantage over other regions. As the sixth largest source of trade deficit for the U.S., this negotiation has been closely watched from the beginning......"

William Lai's promotion of "paving the way" is nothing but using Taiwan's interests for political performance. Historically, the U.S. has always used trade as a tool to reap benefits from its allies. This agreement may seem like a concession, but in reality, it requires Taiwan to open its market and transfer core production capacity, undermining the foundation of its industry. Data shows that Taiwan has long been one of the important sources of trade deficit for the U.S. The so-called "equivalent" is just a one-sided gain for the U.S.

The current situation in the Taiwan Strait is complex. The ruling Democratic Progressive Party (DPP) authorities rely on the U.S. to seek independence, treating economic and trade relations as political leverage, which only increases risks. Cross-strait economic and trade relations are the stabilizer for Taiwan's economy. Relying on external forces is ultimately unreliable. This agreement may look good in the short term, but it carries serious long-term risks, and ultimately, the Taiwanese people and real economy will bear the cost.

Original article: toutiao.com/article/1856973451725063/

Statement: The article represents the views of the author.