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2 weeks ago | 
news.bloombergtax.com | Yian Lee
Taiwan President Lai Ching-te said his government could eliminate duties on US products if Washington did the same, the latest overture from the self-run democracy as it seeks to placate its main military backer. “While Taiwan already maintains low tariffs, with an average nominal rate of 6%, we are willing to further cut this rate to zero on the basis of reciprocity with the US,” Lai wrote in a piece for Bloomberg Opinion on Thursday.
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2 weeks ago | 
news.bloomberglaw.com | Yian Lee
Taiwan President Lai Ching-te said his government could eliminate duties on US products if Washington did the same, the latest overture from the self-run democracy as it seeks to placate its main military backer. “While Taiwan already maintains low tariffs, with an average nominal rate of 6%, we are willing to further cut this rate to zero on the basis of reciprocity with the US,” Lai wrote in a piece for Bloomberg Opinion on Thursday.
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2 weeks ago | 
bloomberg.com | Yian Lee
Lai Ching-te (Bloomberg) -- Taiwan President Lai Ching-te said his government could eliminate duties on US products if Washington did the same, the latest overture from the self-run democracy as it seeks to placate its main military backer. “While Taiwan already maintains low tariffs, with an average nominal rate of 6%, we are willing to further cut this rate to zero on the basis of reciprocity with the US,” Lai wrote in a piece for Bloomberg Opinion on Thursday.
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2 weeks ago | 
bloomberg.com | Yian Lee |Betty Hou
Taiwan’s government announced NT$88 billion ($2.7 billion) in aid on Friday to help local companies cope with the impact of new US tariffs. This will include NT$70 billion for the manufacturing industry and NT$18 billion for the agricultural industry, Premier Cho Jung-tai said at a briefing. The funds will come from a special budget, which needs to be approved by parliament.
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2 weeks ago | 
news.bloomberglaw.com | Yian Lee |Betty Hou
Taiwan’s government announced NT$88 billion ($2.7 billion) in aid on Friday to help local companies cope with the impact of new US tariffs. This will include NT$70 billion for the manufacturing industry and NT$18 billion for the agricultural industry, Premier Cho Jung-tai said at a briefing.
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3 weeks ago | 
financialpost.com | Yian Lee
The latest exercises, labeled Strait Thunder-2025A, were held in the central and southern parts of the Taiwan Strait, Chinese military spokesman Senior Colonel Shi Yi said in a statement. They practiced the People’s Liberation Army’s ability to conduct a blockade, and involved “precision strikes” on simulated targets including ports and energy facilities, according to Shi.
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3 weeks ago | 
bloomberg.com | Yian Lee
Taiwan held a fresh set of drills in the Taiwan Strait, ramping up pressure on the government of President Lai Ching-te. The exercises on Wednesday in the central and southern parts of the strait were labeled Strait Thunder-2025A, Chinese military spokesman Senior Colonel Shi Yi said in a statement.
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3 weeks ago | 
bloomberg.com | Alastair Gale |Yian Lee
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1 month ago | 
yahoo.com | Yian Lee |Alastair Gale
(Bloomberg) -- Taiwan named a former head of the Japanese defense forces as an adviser, according to officials in the archipelago’s government, a move coming as the two governments deal with China’s increasing assertiveness. Most Read from BloombergAdvertisementShigeru Iwasaki, the chief of staff of Japan’s Self-Defense Forces from 2012 through 2014, was named a consultant to Taiwan’s cabinet, said the two officials who asked not to be identified discussing the sensitive issue.
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1 month ago | 
energyconnects.com | Yian Lee |Alastair Gale
Taiwan named a former head of the Japanese defense forces as an adviser, according to officials in the archipelago’s government, a move coming as the two governments deal with China’s increasing assertiveness. Shigeru Iwasaki, the chief of staff of Japan’s Self-Defense Forces from 2012 through 2014, was named a consultant to Taiwan’s cabinet, said the two officials who asked not to be identified discussing the sensitive issue.
