Taiwan Tati Cultural and Educational Foundation

 
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Taiwan Tati Cultural and Educational Foundation

Taiwan can help lift US economy

US President Donald Trump’s tariff policy serves as an objective and as a tool for him. Its objectives are twofold: first, to ease the US’ debt burden through tariff revenue; second, to provide a tax base for the “One, Big, Beautiful Bill” tax cuts.

The execution lies in pressuring other countries to negotiate with the US and make concessions in exchange for tariff reductions. Yet Trump’s tariff policy cannot solve the US’ deeper challenges — widening income inequality, blue-collar workers forced into low-paying jobs after losing manufacturing positions, inflationary pressure and the inability to sustain a long-term confrontation against China.

The US faces several economic problems.

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‘One China’ not key to peace: president

President William Lai (賴清德) yesterday said that it would be impossible to achieve cross-strait peace simply by accepting the so-called “1992 consensus” and Beijing’s “one China” principle.

Lai made the remarks at the opening ceremony of the Overseas Community Affairs Council Conference in Taipei after former Chinese Nationalist Party (KMT) lawmaker Cheng Li-wun (鄭麗文), who favors closer ties with Beijing, was elected as KMT chairwoman on Saturday.

The KMT on Sunday confirmed that Cheng had received a congratulatory message from Chinese President Xi Jinping (習近平) for her win and she reiterated her support for the “1992 consensus” in her reply to Xi.

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Cheng’s win to shake up KMT

Former Chinese Nationalist Party (KMT) lawmaker Cheng Li-wun (鄭麗文) on Saturday won the party’s chairperson election with 65,122 votes, or 50.15 percent of the votes, becoming the second woman in the seat and the first to have switched allegiance from the Democratic Progressive Party (DPP) to the KMT.

Cheng, running for the top KMT position for the first time, had been termed a “dark horse,” while the biggest contender was former Taipei mayor Hau Lung-bin (郝龍斌), considered by many to represent the party’s establishment elite. Hau also has substantial experience in government and in the KMT.

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KMT deals with Chinese interference

The Chinese Nationalist Party (KMT) has its chairperson election tomorrow. Although the party has long positioned itself as “China friendly,” the election is overshadowed by “an overwhelming wave of Chinese intervention.”

The six candidates vying for the chair are former Taipei mayor Hau Lung-bin (郝龍斌), former lawmaker Cheng Li-wen (鄭麗文), Legislator Luo Chih-chiang (羅智強), Sun Yat-sen School president Chang Ya-chung (張亞中), former National Assembly representative Tsai Chih-hong (蔡志弘) and former Changhua County comissioner Zhuo Bo-yuan (卓伯源).

While Cheng and Hau are front-runners in different surveys, Hau has complained of an online defamation campaign against him coming from accounts with foreign IP addresses, including a fabricated video showing Hau kissing a Taipei city councilor in public.

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Newsflash

The way the government has danced to the tune of China in its recent designation of an air defense identification zone (ADIZ) in the East China Sea is tantamount to a “tacit acknowledgement” that China has sovereignty over Taiwan’s territorial airspace, an academic said yesterday.

China declared the ADIZ with the intent to claim that the airspace over Taiwan falls within its jurisdiction, and the Taiwanese government’s docile response can be interpreted as an agreement to hand over sovereignty to China under international law, said Chris Huang (黃居正), an associate professor at the Institute of Law for Science and Technology at National Tsing Hua University.