Tariff Forecast on 7 July

Written by Peter Li-Chang Kuo ( Chinese ) Taiwan has long been a strong supporter of the United States . Personally, I have made at least three major contributions to the United States : In 1966, I helped Apollo reach the space through precision eyelet components. In 1979, I assisted in realizing Reaganomics by providing satellite receivers. In 1998, I contributed the TES e-commerce system, which helped the U.S. enter the cross-century digital economy era—laying the groundwork for today’s mega-corporations in Silicon Valley . As for the positive impacts generated by the “ IIA-TES ” since 2009, they are even more substantial. Fig 1: U.S.-Taiwan Cooperation and Division of Labor Since President Trump returned to the White House on January 20, he has been fully committed to implementing his MAGA agenda. Two major strategies are “ Stop Outsourcing ” and “ Made in America .” He announced plans to impose reciprocal tariffs on April 2 to reduce the U.S. trade deficit. T...