TAIPEI, April 6 (Reuters) - Taiwan's President Lai Ching-te on Sunday offered zero tariffs as the basis for talks with the U.S., pledging to remove trade barriers rather than imposing reciprocal measures and saying Taiwanese companies will raise their U.S. investments.
"Tariff negotiations can start with 'zero tariffs' between Taiwan and the United States, with reference to the U.S.-Canada-Mexico free trade agreement," Lai said.
Taiwan has no plans to take tariff retaliation, and there will be no change in Taiwanese companies' investment commitments to the United States as long as they are in Taiwan's interest, he added in comments provided by his office.
Vietnam, India, Israel, Indonesia, and Singapore will be doing the same as well.
Market bounce back on Monday seems highly likely now 💯🍀