The Democratic Progressive Party (DPP) authorities' attempt to curry favor with the United States with an investment pledge in exchange for further negotiations on the so-called "reciprocal tariff" will bring no benefits to the people and businesses in Taiwan, said Zhu Fenglian, spokeswoman for the Taiwan Affairs Office of the State Council on Wednesday.
U.S.-imposed 20-percent "reciprocal tariff" on China's Taiwan region took effect on Aug. 7, which is higher than the 15-percent rate on Japan and South Korea. The island's leader Lai Ching-te said that the tariff rate could be further negotiated with a possible pledge to increase investment in the U. S. by 400 billion U.S. dollars.
When asked to comment on this issue at a press conference held in Beijing, Zhu said that such pledge by the Democratic Progressive Party (DPP) authorities is selling Taiwan away without any bottom line.
"Recently, the people and business communities in Taiwan have been really disappointed that, in the faces of the U.S. bullying in imposing additional tariffs and deliberately manipulating the appreciation of new Taiwan dollar, the DPP authorities have not only failed to protect the interests of the people in Taiwan but also intensified their efforts to kneel to and ingratiate themselves with the U.S. They have shown no limits in selling Taiwan away and have willingly complied with the U.S.'s hefty extortion amounting to 400 billion U.S. dollars, which is equivalent to half of Taiwan's annual GDP. What will the people in Taiwan think?" said Zhu.
"In the face of rising external risks and uncertainties, the Taiwan region could have strengthened cross-Strait economic cooperation and deepened cross-Strait integrative development to enhance its industrial resilience, solidify its economic foundation, and improve its ability to withstand risks. However, the DPP authorities, driven by their wicked attempt to seek secession by soliciting external forces, have ignored domestic economic and livelihood issues, sacrificing the development interests of Taiwan and causing profound harm to its people and businesses. We sternly warn the DPP authorities that currying favor will not bring any benefits, while kneeling themselves to the U.S. leads to a dead end," she said.
DPP's attempt to curry favor with US on tariff issues to bring no benefit: spokeswoman
DPP's attempt to curry favor with US on tariff issues to bring no benefit: spokeswoman
DPP's attempt to curry favor with US on tariff issues to bring no benefit: spokeswoman
