KMT asks Cabinet to submit impact reportQUESTIONS: The Cabinet must also answer where funding would come from, and how it plans to deal with the impacts and safeguard the competitiveness of the chip industryBy Lin Hsin-han / Staff reporterThe Chinese Nationalist Party (KMT) caucus yesterday demanded that the Executive Yuan submit a comprehensive industry impact assessment regarding a US$500 billion investment plan in the US. The KMT caucus also demanded that the Executive Yuan answer three questions, and submit the full details of the negotiations to the Legislative Yuan for formal review and oversight. Third is to explain how the deal would impact SMEs, traditional industries and domestic job opportunities, as well as how it plans to deal with the impacts. KMT Deputy Secretary-General Lin Pei-hsiang (林沛祥) said the US$500 billion investment by Taiwan in the US semiconductor industry is equivalent to more than 60 percent of the nation’s annual GDP. KMT caucus deputy secretary-general Wang Hung-wei (王鴻薇) urged the government to address the impact of the massive investment, as it should not crowd out domestic investment.
Source: Taipei Times January 19, 2026 17:13 UTC