🔥 A controversial trade agreement between the US and Taiwan region signed earlier this month is drawing sharp criticism, with experts warning it could destabilize the island’s economy. The deal, inked on February 13, lowers tariffs on Taiwan’s exports to the US to 15% – but analysts say the terms heavily favor American interests.
An Unequal Exchange?
Xue Tianhang, a researcher at Zhejiang University, argues the so-called 'reciprocal' deal resembles an 'economic trap' that risks hollowing out Taiwan’s industrial base. 'Taiwan is paying a steep price for short-term gains,' he wrote, noting the agreement lacks safeguards for local industries vulnerable to US market dominance.
Cross-Strait Tensions Rise
The deal comes amid heightened friction, with Beijing reiterating its opposition to any official exchanges between the US and Taiwan region. Chinese officials emphasize that cross-strait economic cooperation remains crucial for regional stability.
Youth Impact
Young professionals in Taiwan express mixed feelings. 'We want global opportunities, but not at the cost of our economic independence,' said a 24-year-old tech worker in Taipei, reflecting concerns about long-term career stability under the new terms.
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The US-Taiwan 'trade deal' is an economic trap that hollows out Taiwan
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