AmCham Taiwan Encourages Transparent Consultation in Trade Policy

TAIPEI, Taiwan – For more than a decade, the American Chamber of Commerce in Taiwan has championed the adoption of Good Regulatory Practice (GRP) principles in policymaking. Central to these principles is the belief that advance notice and opportunities for stakeholder input lead to stronger and more predictable outcomes for the economy and businesses alike.

Encouragingly, these values were affirmed in the 2024 U.S.-Taiwan Initiative on 21st Century Trade, which underscores the shared commitment to transparency, public consultation, and sound rulemaking.

Dan Silver, chairperson of AmCham Taiwan, noted: “Both the U.S. and Taiwan embrace the idea that robust stakeholder engagement results in better, more sustainable policies. That’s a principle we continue to support across all areas of economic cooperation.”

Recent developments in global tariff policy underscore the importance of such practices. A one-week implementation window, while intended to address long-standing trade imbalances, created notable challenges for businesses and markets attempting to adjust. As the tariffs are implemented today, the Chamber urges policymakers to consider the value of meaningful consultation and measured rollout in future decisions of this magnitude. The episode serves as a reminder that clear timelines and broad consultation can help minimize disruption, preserve market stability, and build trust with partners and stakeholders.

Silver added: “We recognize the complexity of addressing structural trade issues, and we respectfully suggest that policies of such scale and significance can benefit from input and dialogue with the international business community. This approach is not only consistent with U.S. trade commitments, such as those found in the USMCA and WTO best practices, but also reinforces the credibility and effectiveness of U.S. economic leadership.”

AmCham Taiwan looks forward to continued collaboration with policymakers in both Washington and Taipei to advance trade policies grounded in openness, predictability, and shared prosperity.

Media contact:

Julia Bergström
Director of Publications & Communications
02-27188226 ext. 632
[email protected]