As Typhoon Podul heads toward Taiwan’s east coast, lawmakers push to amend a disaster relief bill and a prevention law after two storms battered the country. Taiwanese businesses overseas are getting a relief package of credit and loans as U.S. tariffs cut into cash flows. And U.S. President Donald Trump delays tariffs on Chinese exports by 90 days amid an Nvidia chip deal and Beijing’s calls to ease export controls. Also:
- Taiwan is closely watching the Honduras presidential race, after multiple candidates endorsed re-establishing diplomatic ties with Taiwan.
- President Lai Ching-te’s approval rating has hit a record low, putting the ruling party on the backcfoot as all three major parties face challenges.
- Beijing is advising Chinese firms, particularly those tied to national security, to avoid using Nvidia’s H20 AI chip due to alleged security risks.
Correction: In the report about the Honduras presidential election, it mentioned that the country switched diplomatic recognition from China to Taiwan in 2023. In fact, Honduras switched recognition from Taiwan to China that year.
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