TAIPEI: Taiwan’s cabinet announced on Thursday a planned special budget of up to NT$410 billion ($12.6 billion) to boost security and the economy against the impact of new US tariffs.Taipei said it held its first tariff discussions with the United States this month as President Lai Ching-te seeks to shield […]" />
April 24, 2025
Sydney 29

Taiwan plans $12.6 bn special budget for US tariffs impact

Representative Image(AI) ” decoding=”async” fetchpriority=”high”/> TAIPEI: Taiwan’s cabinet announced on Thursday a planned special budget of up to NT$410 billion ($12.6 billion) to boost security and the economy against the impact of new US tariffs.Taipei said it held its first tariff discussions with the United States this month as President Lai Ching-te seeks to shield […]

China’s Xi meets Malaysian leaders in diplomatic charm offensive |

President Xi Jinping’s Southeast Asia tour, including a visit to Malaysia, aims to strengthen China’s position as a reliable partner amid global trade tensions. Xi’s visit emphasizes regional solidarity and economic cooperation, particularly in light of US tariffs impacting ASEAN nations. China seeks to promote stability and development, positioning itself as an alternative to protectionist […]