Taiwan plans US$18 billion for 'resilience' to tariffs, China

Government

TAIPEI: Taiwan's government plans to spend US$18 billion on strengthening the island's "resilience", including helping industries hit by US tariffs and boosting its defences against Chinese threats, the cabinet said on Thursday (Sep 11). The special budget bill was approved on Thursday but it has to be passed by the opposition-controlled parliament before it can take effect. The NT$550 billion (US$18 billion) in funds would be used to support industries hit by the United States' 20 per cent

Taiwan plans US$18 billion for 'resilience' to tariffs, China https://www.channelnewsasia.com/ - 11.09.2025 14:53

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Taiwan plans US$18 billion for 'resilience' to tariffs, China https://www.channelnewsasia.com/ - 11.09.2025 14:53