The adjustment is expected to reverse the impact on industrial output, turning an estimated annual decline of 1.3 to 1.4 percent into a modest increase of between 0.01 and 0.02 percent, he said. The new rate is expected to reverse the impact on industrial employment, turning an estimated loss of 36,000 jobs into a net increase of 206 to 329 positions, he said. Based on the agreement, Taiwanese businesses are to invest up to US$250 billion in the US and the government would provide credit guarantees of up to US$250 billion to support the investments. If the investment is finalized, Taipei would ask Washington to count it as part of the US$250 billion investments under the tariff negotiation framework, he said. The planned US$250 billion investment would not crowd out domestic investment, as the funds would be deployed gradually based on client demand rather than all at once, he said.
