Government Unveils US$12.6 Billion Tariff and Economic Relief Package

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By Devin Tsai/Luffy Li/Chris Gorin

Taiwan has announced a US$12.6 billion tariff relief package to shield its economy from the potential impact of U.S. trade levies and enhance its economic resilience. Premier Cho Jung-tai said the plan goes beyond tariff assistance, expanding into 10 other key areas. Amid budget fights in the legislature, attention is now turning to whether opposition parties will support it.