Trump’s Tariffs 2.0: New Effects and Implications to Taiwan

Written by Guan-Yi Leu. This article analyses the effects of Trump’s tariffs on Taiwan economically and geopolitically. The main concern in Taiwan was the uncertainty and unpredictability caused by the policy. It also discusses Taiwan’s response to it, both in terms of government and businesses. Taiwan’s economy has shown resilience amidst geopolitical risks and has weathered previous conflicts.

How Will Taiwan Cope with Trump?

Written by Brian Hioe. This article discusses how can Taiwan responds to Trump’s election better than in 2016. Although the structural conditions remain the same, Taiwan may seek to reassure Trump on security, trade and industrial policy. Taiwan also needs a strategy to forge regional and international links to mitigate the uncertainty of a second Trump presidency.

US-Taiwan Trade Agreement: It is More of Politics than Economic

Written by Raian Hossain. Taiwan has severe military security concerns, and the island has over-trade and investment dependency towards the PRC, which raises the question of economic security. As of 2022, the PRC accounted for 25% of Taiwan’s exports and 20% of its imports, making Beijing still the largest trading partner of Taipei. However, Taiwan made significant progress in growing trade by 25% with the U.S. in 2021 and expanded its trade volume with New South Bound countries under President Tsai Ing-wen. After a year of negotiations aimed at diversifying trade and commerce, the U.S. and Taiwan signed the first part of the US-Taiwan Initiative on 21st Century Trade. Meanwhile, the second round of negotiations has already started.

What A 2nd Trump Term Would Mean to Taiwan (and the US)

Written by Daniel Jia. Taiwan does not need and must avoid having a Taiwanese version of Donald Trump. However, Taiwan must be ready for a second Trump term unfavourable to Taiwan’s security. The new Trump administration would resume the economic-centred relationship with China as it did in the first term, likely at the cost of Taiwan’s international status and sovereignty. Taiwan cannot change Trump. But Taiwan can and must show the free world its resolve to defend itself like what Ukraine has been doing. With this unwavering resolution, Taiwan would have the chance to rally international support in the event of a China invasion. Then, and only with this determination, could Taiwan bring the US public and Congress to its side and mandate the lukewarm Trump to act as Biden in the current Ukraine-Russia war.

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