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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


Retired Taiwan Power Co technician Lee Kuei-lin, left, accompanied by Democratic Progressive Party Legislator Tien Chiu-chin, yesterday explains the seriousness of recent accidents at the Guosheng Nuclear Power Plant at the legislature.
Photo: Wang Min-wei, Taipei Times

Cracks of up to 30cm have been found on the core shroud of the No.1 reactor at the idled Guosheng Nuclear Power Plant in Wanli District (萬里), New Taipei City (新北市), an Atomic Energy Council official has confirmed.

Civic groups yesterday warned against reactivating the plant.

In addition to unsettled concerns about cracked anchor bolts at the reactor, Green Consumers Foundation chairman Jay Fang (方儉) revealed that two cracks were found on welded parts of the core shroud, which Fang said could lead to disaster if the reactor is reactivated without repairs.