CCTV News: The Taiwan Affairs Office of the State Council held a regular press conference on August 13, and the spokesperson answered reporters' questions on recent hot topics on cross-strait.
Q: The United States imposes a 20% "reciprocal tariff" on Taiwan, which is higher than the 15% tax rate of Japan and South Korea. Lai Ching-te authorities said that the tariff rate is still open and may increase investment of US$400 billion. Some public opinion on the island pointed out that "20%+N" combined with tariffs and the sharp appreciation of the Taiwan dollar, Taiwan may continue to "lose blood" in the future, related industries on the island will be severely hit, and the economic momentum on the island will be completely extinguished. What are your comments on this?
Spokesperson of the Taiwan Affairs Office of the State Council Zhu Fenglian: Recently, what Taiwanese people and the industry are very disappointed is that in the face of the US bullying and imposing tariffs and deliberately manipulating the appreciation of the New Taiwan dollar, the DPP authorities not only did not safeguard the vital interests of the Taiwanese people, but instead increased their "kneeling on the beauty and charming the United States", "selling Taiwan" has no bottom line, and are not stingy with the huge extortion of the United States and give it to you. US$400 billion is equivalent to half of Taiwan's annual GDP. What do the people of Taiwan feel?
Faced with rising external risks and uncertainties, Taiwan could have continuously strengthened Taiwan's industrial resilience, consolidated the foundation of economic development, and enhanced its ability to resist risks by strengthening cross-strait economic cooperation and deepening cross-strait integration and development. However, the DPP authorities disregarded the economic and livelihood of the island and sold out Taiwan's development interests by strengthening cross-strait economic and social development, which deeply harmed the people and enterprises of Taiwan. He warned the DPP authorities that there is no benefit to lose sincerity and no way out for the beauty.

