Taiwan's government revealed a financial aid package worth at least T$288 billion ($8.74 billion) to assist companies and industries affected by U.S. tariffs, which includes export credits. U.S. President Donald Trump imposed import tariffs, with Taiwan being among the countries facing higher duties due to its significant trade surplus with the United States. However, semiconductors, a major Taiwanese export, are exempt from these tariffs.

During a press conference in Taipei, Premier Cho Jung-tai criticized the tariffs as unjust and announced T$88 billion in assistance for affected companies. Additionally, Finance Minister Chuang Tsui-yun stated that the government would offer T$200 billion in trade financing for exporters. These measures were disclosed prior to the reopening of financial markets in Taiwan following a two-day holiday.

Taiwanese officials underscored that the trade imbalance with the U.S. is primarily due to the strong demand for Taiwanese technology products, particularly advanced semiconductors. Taiwan is a key player in this sector, with major chipmaker TSMC headquartered on the island. TSMC recently committed to a new $100 billion investment in the U.S. to further strengthen its presence.