TAIPEI -- Taiwan's government on Friday pledged to spend a total of 88 billion New Taiwan dollars ($2.6 billion) to support businesses in the wake of tariffs announced by U.S. President Donald Trump.
Trade war
Taiwan to spend $2.6bn to cushion Trump tariff impact on industries
Measures also include interest rate cuts on $6bn worth of business loans
Taiwan's Premier Cho Jung-tai, standing, and other officials hold a news conference on April 4 after the U.S. announced heavy "reciprocal" tariffs. (Photo by Cheng Ting-fang)
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