TAIPEI, April 2 (Reuters) - Taiwan President Lai
Ching-te said on Wednesday ahead of an announcement of sweeping
import tariffs by the United States that the island is an
"indispensable" member of the global supply chain and it would
defend its companies' interests.
Officials in President Donald Trump's administration,
including Treasury Secretary Scott Bessent, have said that much
of the focus of the reciprocal U.S. tariffs will be on 15
countries that have the highest trade surpluses with the United
States.
Bessent has referred to the countries as the "Dirty 15" but
has not named them. According to U.S. Census Bureau data, Taiwan
is one of the 15, along with countries such as China and South
Korea plus the European Union. The tariffs are due to be
announced by U.S. President Donald Trump later on Wednesday.
Lai told a meeting of his ruling Democratic Progressive
Party, of which Lai is chairman, that he understood the tariffs
were a matter of great concern but the government has conducted
simulations of the impact to prepare a response plan.
"I would like to reiterate that we are the world's 21st
largest economy, and from a global perspective, Taiwan's overall
national strength makes us an indispensable and important member
of the global supply chain and regional security," he said,
according to comments provided to media by the party.
"We are very willing to share the benefits and promote
prosperity with all our international partners."
Taiwan will continue to communicate and co-ordinate closely
with the United States to safeguard the "fair competitive
position" of Taiwanese companies, and will help industries that
may be impacted by the tariffs, Lai added.
Taiwan government officials have repeatedly said trade with
the United States has been skewed by an insatiable demand for
Taiwanese technology products, such as advanced semiconductors
which is a sector that the island, home to major chipmaker TSMC
, dominates.
Taiwan has said it will cut some of its own import tariffs
and buy more U.S. energy to help balance trade.