$250 Billion Investment as a Negotiation Bargaining Chip? Executive Yuan: No Amount Has Been Finalized
Taiwan-U.S. tariff negotiations are still ongoing. However, media reports have claimed that Taiwan’s bargaining chips include guaranteed full market opening and a $250 billion investment by Taiwanese enterprises over four years. The Executive Yuan’s Taiwan-U.S. Trade and Economic Work Group stated today that the figures and items reported significantly differ from the actual negotiation situation. Discussions on various matters are still ongoing, and no specific amount has been finalized. The group expressed regret that the reports interfere with international negotiations and spread unverified negotiation information.
Storm Media reported today that Taiwan’s tariff bargaining chips have been revealed, including guaranteed full market opening and a $250 billion investment by Taiwanese enterprises over four years.
The Executive Yuan’s Taiwan-U.S. Trade and Economic Work Group stated via a media group that this report was never verified with the responsible authorities for trade negotiations and is therefore incorrect. The figures and items mentioned differ significantly from the actual negotiation situation, and the negotiations have not yet been finalized. The group deeply regrets that such unverified negotiation information interferes with the progress of international negotiations, spreads uncertain negotiation details, misleads the public, and discusses so-called impacts based on inaccurate foundations, potentially introducing unnecessary risks to the negotiations.
The work group pointed out that, overall, the current U.S. negotiations with countries worldwide prioritize trade and investment. The topics of these negotiations include tariffs, non-tariff trade barriers, investment, and procurement, aiming to address trade deficit issues with various countries. Taiwan is no exception. Therefore, Taiwan received a temporary reciprocal tariff rate on August 1, and the reciprocal tariff negotiations between Taiwan and the U.S. are still ongoing. Discussions also include Section 232 issues, particularly on topics such as investment and supply chain cooperation, which are crucial for the next phase of Taiwan’s industries’ global布局 and economic development. All discussions are still ongoing, and no specific amount has been finalized.