Premier Cho Jung-tai (卓榮泰) yesterday agreed to deliver a report to the legislature on the impact of US tariffs on the economy and the Executive Yuan’s countermeasures.In reaction to US President Donald Trump’s 32 percent tariff on imports from Taiwan, the stock market posted its biggest intraday plu
US President Donald Trump on Sunday said that he would not back down on his sweeping tariffs on imports from most of the world unless nations even out their trade with the US, digging in on his plans to implement the tariffs that have sent financial markets reeling, raised fears of a recession and u
DEFENDING RIGHTS: One hundred percent freedom of speech is not an invitation to abuse that freedom to exterminate it or overturn the democratic system, Lai said
Freedom of speech should not be used to disseminate propaganda aimed at depriving the freedoms of Taiwanese or invalidate the Republic of China, President William Lai (賴清德) said on Freedom of Speech Day yesterday.Lai was speaking at a memorial service for Deng Nan-jung (鄭南榕), the late democracy advo
NO CHANGE: While those who take short-distance train rides would be the most affected, they mostly use TPASS and therefore their fares would not increase
Taiwan Railway Corp (TRC) is set to raise ticket prices for the first time in 30 years in late June, the acting chairman of the state-owned company said yesterday.At a meeting of the legislature’s Transportation Committee meeting, TRC acting chairman Wu Sheng-yuan (伍勝園) confirmed the average fare in
The Philippine and US air forces yesterday commenced joint exercises aimed at boosting operational coordination and enhancing “strategic deterrence,” the Philippine military said.The drills follow months of confrontations between Beijing and Manila over disputed areas of the South China Sea, with si
ACTION PLAN: Taiwan would expand procurement from the US and encourage more companies to invest in the US to deepen bilateral cooperation, Lai said
The government would not impose reciprocal tariffs in retaliation against US levies, President William Lai (賴清德) said yesterday, as he announced five strategies to address the issue, including pledging to increase Taiwanese companies’ investments in the US.Lai has in the past few days met with admin
SHOCK PREP: The measures, which take effect today, would limit the number of shares that can be sold short in preparation for the effects of Trump’s tariffs
The Financial Supervisory Commission (FSC) yesterday announced temporary response measures to help maintain stock market stability, while safeguarding the interests of Taiwanese investors and listed companies.In the face of potential market turmoil from US President Donald Trump’s “reciprocal” tarif
Tens of thousands of protesters on Saturday flooded the streets of major US cities to oppose the divisive policies of US President Donald Trump, in the largest demonstrations since his return to the White House.The “Hands Off!” demonstrations were organized for more than 1,200 locations in all 50 st
The speaker of the South Korean National Assembly yesterday proposed revising the constitution to curb presidential powers, citing public support for such a move after former president Yoon Suk-yeol was ousted for declaring martial law.“I would like to propose to the people that we should now quickl
A Russian missile attack on Kyiv early yesterday killed one man and injured three other people, causing damage and fires in several districts in the biggest such attack on Ukraine in weeks, Ukrainian officials said.The strike was the first large-scale attack using missiles and drones since the US la
‘SPECIAL CHANNEL’: Taipei’s most important tasks are to stabilize industries affected by Trump’s trade tariffs and keep negotiations with Washington open, a source said
National Security Council Secretary-General Joseph Wu (吳釗燮) arrived in the US for talks with US President Donald Trump’s administration, a source familiar with the matter said on Friday.Wu was leading a delegation for a meeting known as the “special channel,” the Financial Times reported earlier. It
RETHINKING WAR: Many people believe a first strike would involve missiles, but China would more likely use maritime militia ships and drones, a legislator said
The Han Kuang exercises, Taiwan’s largest annual military drills, began yesterday, with experts saying that the extended 14 days of war games were in response to China’s increasing “gray zone” activities and its potential to carry out a full-scale invasion of Taiwan.This year’s exercises started wit
US customs agents yesterday began collecting US President Donald Trump’s unilateral 10 percent tariff on all imports from many countries, with higher levies on goods from 57 larger trading partners due to start next week.The initial 10 percent “baseline” tariff took effect at US seaports, airports a
Ukraine yesterday mourned 18 people, including nine children, killed in a Russian ballistic missile strike on Ukrainian President Volodymyr Zelenskiy’s home city of Kryvyi Rig, as the region’s governor said it was “the kind of pain you wouldn’t wish on your worst enemy.”Sixty-two people were wounded
Cambodian Prime Minister Hun Manet yesterday said there was “nothing to hide” as he inaugurated a naval base renovated in the past few years by China, after Washington voiced concern over Beijing’s role in the upgrades.The US has said the Ream Naval Base, off Cambodia’s southern coast, could give Ch
TALKS FOCUS: The premier said that the Trade Negotiations Office would continue to negotiate with the US to seek reciprocally beneficial trade and economic ties
A gross budget of NT$88 billion (US$2.66 billion) would be allocated to assist the industrial and agricultural sectors to address the effects of the latest US tariff policy on Taiwan, Premier Cho Jung-tai (卓榮泰) told a news conference in Taipei yesterday.The Cabinet unveiled government programs in su
CCP LINKS: Separately, three DPP staff members, reportedly including a Presidential Office consultant, have been detained amid a probe into alleged espionage for China
Former Naval Education, Training and Doctrine Command general division commander Chang Pei-ning (張培凝) is to serve three years and 10 months in prison for setting up a spy ring for China after the Supreme Court denied his appeal, Chinese-language media reported yesterday.Chang denied the charges in t
The South Korean Constitutional Court yesterday unanimously removed Yoon Suk-yeol from office, ending his presidency and setting up a new election, four months after he issued an ill-fated declaration of martial law.The verdict capped a dramatic fall for Yoon, a former star prosecutor who became pre
Members of the US House of Representatives on Tuesday reintroduced a bill to support Taiwan’s international space and counter coercion by the Chinese Communist Party (CCP).The Taiwan Allies Fund Act was reintroduced by US Representative Raja Krishnamoorthi, ranking member of the Select Committee on
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