Taiwan’s government has announced a budget of NT$410 billion in response to the threat of US tariffs, with President Lai Ching-te leading the charge to shield exporters from a potential 32 percent tariff. The budget is designed to bolster various sectors including industries, employment, and public welfare, while also focusing on enhancing coastal patrols and defense capabilities. This move comes on the heels of a previous assistance package and aligns with efforts to mitigate the impact of escalating trade tensions. Notably, Taiwan Semiconductor Manufacturing Co. (TSMC) has revealed plans for a substantial $100 billion investment in the US, showcasing the country’s commitment to navigating the current economic challenges.