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Commentary: As Trump heightens global tensions, Taiwan needs to consider industrial policy responses

US President Donald Trump’s imposition of reciprocal tariffs and aggressive “Make America Great Again” measures has deepened political and economic rifts even among allies, undermining long-standing trust and reliance on the US. The Shanghai Cooperation Organization (SCO) summit held in Tianjin, China, on September 1 brought together major powers including China, Russia, India, and Iran. This was soon followed by a grand military parade on September 3, during which the heads of state of North Korea and Russia joined Chinese leaders, in an alarming threat to global peace.

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