President Lai Ching-te is doubling down on support for Taiwan’s aquaculture and agriculture sectors ahead of key tariff talks with the U.S. He's promising more than US$3.5 billion for these industries as they brace for a 32% tariff on exports to the U.S.
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00:00President Lai Ching-deh is doubling down on support for Taiwan's fishers ahead of key
00:04tariff talks with the U.S.
00:06If it's been given to the U.S.
00:08The U.S., President Lai Ching-deh is doubling down on support for Taiwan's fishers ahead
00:16of key tariff talks with the U.S.
00:25Lai made the comments at a meeting with aquaculture representatives in southern Taiwan
00:29He's promising more than US$3.5 billion for the industry, as it braces for a potential
00:3532% tariff on exports to the US.
00:38That levy has been paused for 90 days, and Taipei is moving to work out a deal with Washington.
00:44Taiwan sold more than US$170 million worth of seafood to the US last year.