The Taiwan Regional Executive Yuan yesterday discussed the possible impact of the US-China trade friction and responded to special reports. Qiu Junrong told a press conference after the meeting that as far as the government knows, the Taiwanese semiconductor industry is very strong and the mainland is still a long way behind; In terms of the relationship, the Taiwan-US semiconductor cooperation has been continuously strengthened.
The United States is currently aiming at steel and aluminum products. Does the government have any forecast of the next wave of targeted products? Qiu Junrong said that there is no very clear news at the moment.
However, it is rumored that the next wave of U.S. targeted product is the machine tool, because China has already declared its policy direction of 'Made in China 2025', and the 'smart machinery' that Taiwan is striving to develop will not be affected.
Qiu Junrong pointed out that the main reason for the US launching a trade war is to reduce the trade deficit or prevent technological spillovers. On this logic, the mainland machine tool will not be the care of the United States at present. The machine tool is instead the strength of Taiwan. He believes that the next The risk industry that will be targeted should first inventory what goods are exported from the mainland to the United States.
According to studies by the Chinese Academy of Sciences, the United States may retaliate against 'Made in China's 2025' key industries for development, including capital communication products, medical equipment, biotechnology, medicine, telecommunications, semiconductors, new energy vehicles, aerospace and software, etc. If the United States decides Restrictions on import tariffs or service trade for the telecommunications electronics industry have the greatest impact on Taiwan’s indirect exports.