Taiwan’s cabinet has revealed a budget of NT$410 billion to address the impact of US tariffs, as President Lai Ching-te strives to shield exporters from a potential 32 percent tariff hike. The budget is designed to bolster industries, employment opportunities, and public welfare, while also enhancing coastal patrols and defense capabilities. The package includes provisions from a previous assistance program and comes as TSMC, the semiconductor giant, announces plans for a massive $100 billion investment in the United States.