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Category: Commerce

  • MIL-Evening Report: ‘Alarmist nonsense’: Labor and Coalition dismissed security risks over the Port of Darwin for years. What’s changed?

    Source: The Conversation (Au and NZ) – By James Laurenceson, Director and Professor, Australia-China Relations Institute (UTS:ACRI), University of Technology Sydney

    Prime Minister Anthony Albanese and Opposition Leader Peter Dutton have both committed to stripping a Chinese company, Landbridge, of the lease to operate Darwin Port. Landbridge paid A$506 million for the 99-year lease from the Northern Territory government in October 2015.

    In Australia’s political system, democratically elected representatives like Albanese and Dutton have the power to make such decisions. Still, Australians would hope and expect these decisions were driven by the best available advice, not domestic political sparring ahead of a federal election.

    This is particularly so when such a move would likely elevate fears among foreign investors around sovereign risk.

    Defence Minister Richard Marles has refused to say if security agencies are recommending Australia retake control of the port, nor has the Coalition provided a reason for its new stance.

    Media reports often cite “defence experts” who claim Chinese ownership of the lease involves unacceptable risks.

    However, it has been the long-standing and consistent advice of Australia’s most senior national security officials that this is not the case.

    Earlier concerns batted away

    Landbridge did not need Canberra’s approval when it secured the port lease in 2015. Nonetheless, the company notified the Foreign Investment Review Board of its interest in submitting a competitive bid for the lease four months before the deal was sealed.

    The Department of Defence and the Australian Security Intelligence Organisation (ASIO) “examined it thoroughly”. The then-secretary of the Department of Defence, Dennis Richardson, said:

    We are at one in agreeing that this was not an investment that should be opposed on defence or security grounds.

    Richardson told Senate Estimates in 2015 he was “not aware of any concerns” among the senior leadership in the Australian Defence Forces (ADF), either.

    The chief of the ADF, Mark Binskin, said in the same hearing:

    If [ship] movements are the issue, I can sit at the fish and chip shop on the wharf […] and watch ships come and go, regardless of who owns it.

    Some analysts raised concerns after the sale, but these were borderline ridiculed by officials with access to the most highly classified national security information.

    Analysts at the Australian Strategic Policy Institute, for example, warned that a Chinese company holding the lease “could facilitate intelligence collection” of ADF operations and US Marine deployments.

    Richardson said it was “amateur hour” to suggest Chinese spies could use the port for this purpose. He added: “It’s as though people have never heard of overhead imagery” from spy satellites.

    Analysts also suggested China could acquire valuable knowledge of the types of signals an Australian or US warship would “emit through a variety of sensors and systems”. Richardson dismissed this as “absurd”.

    Even more ludicrous were claims the port deal would provide the People’s Liberation Army-Navy (PLA-N) with “facilitated access to Australia”.

    Richardson labelled this as “alarmist nonsense”. Any visits by foreign naval vessels cannot be approved by a commercial port operator, he said. They must be signed off on by the Department of Defence.

    Analysts also contended that Landbridge’s chairman, Ye Cheng, was a “senior Communist Party official” and the company was a “commercial front intimately tied to state-owned operations, the party and the PLA”.

    This was debunked by a Chinese law and corporate governance expert.

    Tellingly, when Landbridge found itself in financial difficulty in 2017, it was forced to borrow in high-interest rate debt markets. This is common for privately owned Chinese firms, but not those with close state and party connections. They would be able to access subsidised loans from state-owned banks.

    Successive reviews have reaffirmed the decision

    When Foreign Minister Julie Bishop was asked in 2018 whether she had any lingering security fears about the Darwin Port lease, she replied the Department of Defence “had no concerns […] and that is still the case”.

    As the China-Australia relationship deteriorated in the ensuing years, the Morrison government reviewed the deal in 2021. It found there were still no national security grounds sufficient to overturn the lease.

    Yet another review by the Albanese government just 18 months ago also deemed it “not necessary to vary or cancel the lease”. It concluded:

    there is a robust regulatory system in place to manage risks to critical infrastructure, including the Port of Darwin.

    In announcing his pledge to reacquire the Darwin Port last weekend, Dutton alluded to “advice of the intelligence agencies”, pointing to a deterioration in Australia’s strategic circumstances.

    However, the Coalition had apparently not yet received an intelligence briefing on any security risks specifically connected to the Port of Darwin when Dutton made this pledge. Opposition leaders only made a request for the national security advice underpinning Albanese’s promise to reacquire the port in a letter to the government on Monday.

    The reality is that if Albanese and Dutton now suddenly and genuinely believed that Darwin might need to serve as a staging post for military conflict with China, forcing the sale of a few commercial wharves currently operated by a Chinese company would be a woefully inadequate response.

    They would instead be committing to a massive infrastructure upgrade, most likely in the form of an entirely new port facility. Planning for such a facility was already being mooted in 2019.

    The fact that they aren’t says a lot.

    James Laurenceson does not work for, consult, own shares in or receive funding from any company or organisation that would benefit from this article, and has disclosed no relevant affiliations beyond their academic appointment.

    – ref. ‘Alarmist nonsense’: Labor and Coalition dismissed security risks over the Port of Darwin for years. What’s changed? – https://theconversation.com/alarmist-nonsense-labor-and-coalition-dismissed-security-risks-over-the-port-of-darwin-for-years-whats-changed-253941

    MIL OSI Analysis – EveningReport.nz –

  • MIL-OSI Global: Business schools are facing challenges to their diversity commitments. They must reinforce them to train leaders effectively

    Source: The Conversation – France – By Alessandro Ghio, Research professor in Accounting, ESCP Business School

    In March 2025, the Association to Advance Collegiate Schools of Business (AACSB), a leading accreditation body, revised its guiding principles. This included removing the phrase “diversity and inclusion” from its accreditation standards and replacing it with the more neutral “community and connectedness”. The decision emerged amid a shifting legal and political climate in the United States, following a wave of executive orders and legislative efforts aimed at dismantling diversity, equity, and inclusion (DEI) initiatives across public institutions.

    For years, diversity and inclusion have been central to how business schools engage with and signal social responsibility, shaping policies on faculty hiring, student recruitment and curricula. The AACSB change is more than a semantic adjustment – it reflects growing pressure on institutions to retreat from politically sensitive terrain.

    Now, business schools – many of which once celebrated DEI as a strategic and ethical imperative – are being forced to re-evaluate. Will they continue to invest in inclusion, or quietly abandon it under mounting institutional and political scrutiny? The answer will have global consequences, not just for higher education, but for the kind of leadership business schools claim to cultivate.

    Accreditation bodies: shaping business schools’ strategies

    The AACSB’s shift could have a significant impact on how business schools engage with diversity. As higher education institutions have embraced neoliberal, market-driven models, fuelled by students’ consumer-like expectations, external validation from accreditation bodies has become essential. Only 136 institutions (about 1% of all business schools) worldwide hold “triple accreditation” – accreditation by the AACSB, EFMD Quality Improvement System (EQUIS), and Association of MBAs (AMBA). This status allows business schools to signal their elite standing and adherence to high international standards – and to charge higher tuition.

    Accreditation offers tangible benefits, including use of prestigious logos, membership in exclusive networks, mutual recognition of academic credits, student exchange opportunities, and access to shared resources and best practices. These benefits shape strategic decisions, as business schools prioritise accreditation to maintain their reputation and competitiveness to attract high-paying students.

    Many institutions even have associate or deputy deans dedicated to fulfilling accreditation requirements. Among these requirements has been the long-standing “diversity checkbox”, which required schools to demonstrate their commitment to diversity. AACSB was not alone in this focus: AMBA, another leading accreditation body that specialises in MBA programmes, annually recognises schools for their diversity efforts and initiatives promoting inclusion.

    Accreditation pressures are compounded by the influence of business school rankings, another powerful driver of institutional priorities. Rankings such as the Financial Times’ business school list include diversity-related indicators, such as gender balance in classrooms, representation of women among faculty, and international faculty diversity. Bloomberg Businessweek’s Best Schools Diversity Index placed US universities George Washington, Howard and Morgan State at the very top in 2024. While these institutions don’t typically rank highly in overall MBA rankings, the diversity index offered them visibility and a competitive edge to attract prospective students.

    With accreditation bodies and business school rankings shaping institutional identities, a key question emerges: will business schools continue to prioritise diversity if structural incentives erode, or will it quietly disappear from the agenda?

    Diversity at a crossroads

    While the language of diversity has become commonplace in business school messaging – “we place inclusion and diversity at the heart of everything we do”; we “engage with DE&I strategically, practically – and of course via forefront research”; we [“want] to encourage and contribute to the conversation on diversity for and with all the students” – many institutions have gone beyond rhetoric, implementing concrete policies to promote diversity across student bodies, faculty recruitment and course content.

    In France, the grandes écoles – often criticised for perpetuating social elitism, as highlighted by sociologist Pierre Bourdieu – have introduced targeted admission pathways for students from disadvantaged socioeconomic backgrounds. In the UK, business schools have begun auditing faculty diversity, particularly in terms of race and ethnicity. In Germany, where women professors remain underrepresented, ongoing efforts seek to address persistent gender imbalances in academic positions.

    These initiatives were not developed in a vacuum. Accreditation standards and external recognition gave institutions the legitimacy and incentive to act. Diversity became part of the strategic fabric – an ethical development, yes, but also a business case aligned with the values that accreditation and rankings rewarded.

    Now, with a major accreditation body stepping back and public discourse increasingly polarised, that alignment is beginning to fracture. In the US, federal support for diversity-related research is shrinking. Facing pressure from the Department of Education to end diversity initiatives or risk losing funding, some universities have already taken action by alternately moving to close DEI offices; removing references to DEI from websites, policies and official materials; or even cancelling a planned celebration of International Women’s Day.
    At least two US schools have either severed or planned to sever links with the PhD Project, a programme founded in 1994 that is devoted to “increasing the number of brilliant educators from all communities”. In Europe, some institutions may quietly reduce their commitments, no longer seeing DEI as worth the political or institutional risk.

    The dilemma is no longer about how to advance diversity – but whether to defend it at all. Business schools must decide: is diversity still central to their mission, or just another line item to be dropped when the pressure mounts?

    If business schools are serious about their social mission, they must continue investing in diversity – not as a symbolic gesture, but as a structural commitment. Diversity, equity and inclusion are not peripheral concerns; they are embedded in frameworks like the Principle of Responsible Management Education and the United Nations Sustainable Development Goals (SDG 5: Gender Equality; SDG 10: Reduced Inequalities) – benchmarks that many institutions cite as central to their values. More than 30 Nordic business schools, all members of AACSB, recently issued a joint statement that diversity remains a core value for them.

    Diversity and knowledge

    Beyond institutional mandates, diversity is foundational to the production of credible knowledge. In Why Trust Science? (2019), historian Naomi Oreskes argues that while “diversity does not heal all epistemic ills”, it plays a crucial role in identifying blind spots and challenging groupthink. Drawing on feminist theorists Sandra Harding and Helen Longino, she shows how epistemic communities that are diverse – and critically engaged – are better positioned to identify and correct biases. In more homogeneous groups, dominant assumptions often go unchallenged, leading to structural oversights that undermine both knowledge and legitimacy.

    At a time when trust in academic institutions is eroding, ensuring diverse perspectives is not just desirable – it is necessary. For business schools, which train future leaders and decision-makers, the stakes are especially high.

    This is a moment not to retreat from diversity, but to reclaim it. Rather than treating it as a politicized liability, schools can reassert it as a core academic and democratic value – a way of remaining relevant, rigorous and responsible. And in a climate where “woke” has become a catch-all insult, schools also have an opportunity to reclaim the term – not as provocation, but as a return to its original meaning: a principled alertness to social realities and structural injustice. The LGBTQI+ community’s reclamation of “queer” as a term of empowerment and resistance against societal norms can point the way.

    By reinforcing their commitment to diversity, business schools can help deepen critical inquiry, rebuild public trust in science and ultimately equip their students for leadership in this fractured world – which they will need to understand in all its complexity.

    Alessandro Ghio ne travaille pas, ne conseille pas, ne possède pas de parts, ne reçoit pas de fonds d’une organisation qui pourrait tirer profit de cet article, et n’a déclaré aucune autre affiliation que son organisme de recherche.

    – ref. Business schools are facing challenges to their diversity commitments. They must reinforce them to train leaders effectively – https://theconversation.com/business-schools-are-facing-challenges-to-their-diversity-commitments-they-must-reinforce-them-to-train-leaders-effectively-252988

    MIL OSI – Global Reports –

  • MIL-OSI China: Major Chinese lender pledges further financing support for private enterprises

    Source: China State Council Information Office

    Postal Savings Bank of China has announced a commitment to provide no less than 10 trillion yuan (about 1.4 trillion U.S. dollars) in financing to private businesses over the next five years, reinforcing its dedication to supporting the country’s private sector amid economic headwinds.

    The lender said it is expected to earmark at least 3 trillion yuan specifically for technology innovators and over 3 trillion yuan targeting agricultural sector development, as part of efforts to help more than 5,000 companies in the private sector enhance their governance capabilities.

    This major state-owned commercial bank, in partnership with the All-China Federation of Industry and Commerce, recently introduced an action plan aimed at empowering private enterprises, targeting operational growth, technological innovation and digital transformation, among other critical areas.

    Key programs under the plan include a tailored financing pipeline for private companies, tech R&D support packages, and digital upgrades for small businesses.

    By the end of 2024, the bank’s outstanding loans to private enterprises had reached 2.44 trillion yuan — which served over 3.4 million businesses. 

    MIL OSI China News –

  • MIL-OSI Economics: Talking with Group CEO Kusumi: The True Meaning of Group Management Reform

    Source: Panasonic

    Headline: Talking with Group CEO Kusumi: The True Meaning of Group Management Reform

    On February 4, 2025, Panasonic Holdings (PHD) announced its third quarter (3Q) financial results for fiscal year 2025 (fiscal year ending March 31, 2025) and explained the group management reform that will be launched from FY3/26. Yuki Kusumi, Group CEO, announced a fundamental restructuring of the organization and cost structure that will allow the Panasonic Group to continue to contribute to society by helping people live better lives over many years while flexibly responding to major changes in society. We talked with him to learn more about his thoughts behind the announcement.

    Can you provide an overview of the announcement and its background?
    Based on a review of the current Medium-Term Strategy that has been the focus of our efforts for the past three years (since 2022), we outlined the vision of the Panasonic Group and explained to internal and external audiences the issues that need to be resolved right now and the details of the reforms that must be implemented without delay.
    There are two main points. First, in order to resolve structural and intrinsic issues within the Group, we will embark on fundamental group management reforms centering on “fixed-cost structure reform and profit improvement by streamlining for leaner1 HQs and indirect departments,” “elimination of businesses with issues,”2 and “focus on Solutions,” seeking to achieve the following profit targets by fiscal year 2029 (fiscal year ending March 31, 2029): an ROE3 of 10% or greater and an adjusted operating profit margin of 10% or greater. Second, in order to contribute to the sustainable development of society and lifestyles that make effective use of the earth’s limited resources and energy, we have defined the globally competitive “Solutions area” as an “area of focus,” and the home appliance-centered “Smart Life area” and “Devices area” as “profit base areas.”
    1 A business model that minimizes waste2 A business is defined as having “issues” if its Return On Invested Capital (ROIC) is lower than its Weighted Average Cost of Capital (WACC)3 Return On Equity; an indicator of how effectively a company uses the money invested by shareholders to generate profits
    In addition to responding better to stakeholders, who viewed the content of our announcement spread across media and social media in a manner that included some misinterpretations and distortions, I would like to take this opportunity to reiterate Panasonic Group’s position.4
    4 Blog Posts: Regarding some media reports on the television business and others (February 6, 2025), Regarding some media reports on the use of the Panasonic name and brand (February 6, 2025)
    I made the announcement at a time when the final year of the current Medium-Term Strategy (FY2023–25) had not yet ended, and although many people viewed the 3Q financial results announced the same day as relatively positive—with increased revenue and profit on a non-consolidated basis excluding the Automotive Business5—many were also surprised by the announcement of major management reforms. The fact is, I am still not satisfied with the state of our business, and I continue to feel a strong sense of crisis. This is the background to my February 4 announcement.
    5 Due to the transfer of shares in Panasonic Automotive Systems Co., Ltd., the company became a subsidiary of Star Japan Acquisition Co., Ltd., an equity method affiliate of PHD, in December 2024 and was therefore excluded from consolidated results.
    Of the medium-term management indicators established under in the FY2023–2025 Medium-Term Strategy, we achieved our cumulative operating cash flow target of 2 trillion yen by the end of the third quarter. However, we are not expected to achieve our ROE or cumulative operating profit targets. While implementing the FY2023–2025 Medium-Term Strategy, we have seen some results and improvements in some areas, but we have also identified more pressing issues that need to be addressed.
    As I have been saying since I became Group CEO, our Group has not been able to grow in terms of sales or profits for the past 30 years. Operating profit margin continues to hover around 5% and is not even close to a level that would satisfy our shareholders. We have not been able to set a new profit record since 1984—or 40 years ago. This means that even though each employee is working extremely hard, business management is not generating results that reflect their efforts. I take that responsibility very seriously. Today, we face a crisis that threatens the survival of the group, and I, and the group’s management team, have come to the conclusion that we need to grasp the helm with even greater resolve and determination. This is the background to this announcement.
    Some people might ask, “Why are you introducing reforms that will impact employment when you’re already making a certain amount of profit?” It is true that in the past, our company has taken emergency measures such as reducing employment after posting losses. However, from my own experience, when you try to make changes while running a loss, you cannot provide a sufficient level of support to your employees. Moreover, having surplus personnel does not encourage bold, original ideas for improving efficiency. It also hampers the growth of employees, meaning that the valuable human resources entrusted to us by society cannot be utilized. This situation must be avoided. So, although it is a reform that our group has never experienced before, I believe that we must be determined to see it through.

    You mentioned that certain issue have come to light. What points you are focusing on?
    In the FY2023–2025 Medium-Term Strategy we have been aiming for growth by designating three business areas as priority investment areas: Automotive Batteries, air quality and air conditioning (A2W in Europe6), and SCM7 software. However, the European A2W market is currently undergoing significant changes, and the business environment for automotive batteries has changed significantly since the Medium-Term Strategy was formulated three years ago. Nevertheless, we believe that the EV market will continue to grow, albeit at a slower pace, and we will continue to invest in line with the needs of vehicle manufacturers. Now that major investments in SCM software have subsided, the company will enter an offensive phase from the second half of this fiscal year.
    From the perspective of strengthening competitiveness, some of our operating companies have been able to turn their growth investments into profits, but many of them have yet to produce results. Three years have passed since we moved to an operating company structure, and as I will explain in more detail later, we have also identified major issues with the Group’s fixed-cost structure. With this in mind, I felt that we needed to take immediate action to reform the Group, so I decided to announce both internally and externally that we would begin implementing fundamental reforms before the end of fiscal year 2025.
    6 Air to Water; heat pump hot water heaters7 Supply Chain Management

    Under the conventional rolling approach to Medium-Term Strategy in our Group, fiscal 2026 should be the first year of the next Medium-Term Strategy, but we will not set the new strategy this fiscal year because we want to focus on the current management reforms and position FY2026 as a year for solving structural and intrinsic issues and solidifying our foundations. At the same time, we will accelerate business portfolio management (PFM) based on the three pillars of “streamlining for leaner HQs and indirect departments,” “elimination of businesses with issues,” and “focus on Solutions” while improving profitability by reforming our fixed-cost structure.
    First, regarding the “streamlining for leaner HQs and indirect departments,” this is the issue of the fixed-cost structure that I mentioned earlier, and it means that we will significantly reduce costs at the HQs and indirect departments of each operating company and divisional companies, including Panasonic Holdings (PHD) and Panasonic Operational Excellence (PEX), which is responsible for PHD indirect functions. Focusing on HQs and indirect departments across the entire Group, we will identify the work that is truly necessary and optimize the number of personnel.
    As a result of individual operating companies strengthening their indirect functions in line with the operating company system, the entire Group is now seeing an increase in fixed costs that is putting pressure on profits. Our top priority is to concentrate and consolidate operations, particularly in these indirect functions, and to modernize them. We have made progress in some areas over the past three years of challenge, and we will fix those areas where problems remain. When the decision was made to transition to an operating company system in 2022, based on my own experience as head of a business unit, I decided that it would be best to leave business operations to business leaders who were familiar with the actual situation on the ground, and I have sought for operating companies and business divisions to take the lead in improving our competitiveness. Although each operating company made great efforts based on autonomous responsible management and progress was made, we recognize that there were issues—including those related to governance—regarding the fact that we were unable to achieve numerical results. While the operating companies will continue to play a central role in the group structure, PHD will take a more active role in improving the profit structure and providing support as necessary. In some foreign-affiliated companies with autonomous responsible management, the PHD Head Office still exercises governance over headcount control, and we are considering this approach as well. As I mentioned earlier, if we have surplus employees, or if our human resources are trapped in such a situation, we cannot say that we are doing the right thing as a company that is entrusted with human resources by society and whose basic management policy is to “develop people and make the most of their abilities.” Managers within the Group must maintain a strong awareness that “society has entrusted us with people and money, so it is our role as a company to make the most of them.”
    Second is “elimination of businesses with issues.” We will assess the feasibility of restructuring those businesses with low ROIC levels despite not currently being at the growth investment stage; businesses that are inferior to competitors and have no chance of regaining their competitiveness; and businesses that are simply in the wrong business conditions. For businesses where restructuring is not feasible, we will proceed with urgent reforms according to a firm deadline, accelerating our efforts to withdraw from them or transferring them to the best owner.
    And as I mentioned at the beginning, third is “focus on Solutions,” the basic direction for the Group to take. We have reviewed the positioning of businesses that were designated as priority investment areas in our FY2023–2025 Medium-Term Strategy, and will now focus on the Solutions area. Furthermore, we will position the Devices area and the Smart Life area as the profit base, and we will clarify the roles of “focus” and “profit base” in each domain.

    There are some globally competitive solutions businesses that have been developed under the relevant operating companies. Thanks to the technology and customer relationships that we have cultivated since our founding, these businesses now have a current scale of 3.5 trillion yen. In the future, the Solutions area will evolve beyond simply introducing products and systems to providing a full range of services—from consulting and operations to services—while maximizing customer value through long-term proposals and problem-solving. Under the “Panasonic Go” initiatives announced at CES in January, we will evolve our solutions business, connect with a wider range of customers, and create synergies across the entire Group. We will aim for growth in highly competitive global businesses, particularly in energy and SCM solutions, ultimately toward double-digit adjusted operating profit margins in each business.

    As part of these reforms, it was announced that one of the operating companies, Panasonic Corporation (PC), would be dissolved. What is the intent behind this decision?
    The intention of dissolving PC is to transcend the borders of the Lifestyle business and create synergies across the entire Group in the Solutions area.

    PC was originally established with the aim of creating Groupwide synergies in the Lifestyle business, and five divisional companies were set up under its umbrella. However, the industry is changing rapidly, and problems that customers face are becoming more complex and sophisticated, making it difficult to address them within the scope of our Lifestyle business alone. In Japan, PC’s Electric Works Company and Panasonic Connect Co., Ltd. are currently strengthening their collaboration involving on-site solutions, and inquiries are starting to come in. Meanwhile, Panasonic Connect’s Blue Yonder and Hussmann, the US subsidiary of PC’s Cold Chain Solutions Company, have a number of common customers in the retail food sector, so we can look forward to creating new value in the food supply chain going forward. If we are going to speed up Group synergies like these, then we need to change to a system that addresses customer issues and social issues on a Groupwide basis, and this is why we have decided on dissolution. From the perspective of achieving technological synergies, Heating & Ventilation A/C Company and Cold Chain Solutions Company are scheduled to become a single operating company.
    The divisional companies under the PC umbrella that will become new operating companies will contribute to accelerating Group growth by thoroughly implementing autonomous responsible management while maintaining an enhanced Groupwide perspective that includes creating synergies in the Solutions area.
    In addition, competition in the home appliance business is intensifying not only overseas but also in Japan, and our overall competitiveness is on a downward trend, so we will use the technological and design capabilities that we have honed in China to achieve “Japan Quality” at global standard costs that can compete on the world stage and work to improve profitability. Because there is overlap in mass production design between China and Japan, we will start by working together with China to optimize Japan’s mass production development resources so that we can deploy products that make full use of China’s supply chain in each region and increase our cost competitiveness. Then we will improve operational efficiency and streamline domestic indirect departments, and thoroughly strengthen our domestic marketing structure to pursue net added value from a customer perspective while also improving efficiency and optimizing resources.

    These management reforms are going to have significant impact. Looking beyond these reforms, what do you envision for the Group?
    In fiscal 2026, we will focus on management reforms, and plan to begin virtual operation of the new system in the fourth quarter. Through the three initiatives mentioned above, we will reform our fixed-cost structure and improve profitability while accelerating business portfolio management, expecting to achieve cumulative operating profit improvement exceeding 150 billion yen in fiscal 2027 and 300 billion yen in fiscal 2029 relative to fiscal 2025.8 In terms of profit targets for fiscal 2029, we are determined to achieve an ROE of 10% and are aiming for an adjusted operating profit of 10%.
    8 Forecast for adjusted operating profit as of fiscal year 2025 3Q
    Utilization of data and AI will be essential to the successful completion of these reforms. We intend to thoroughly improve productivity across the Group, provide highly competitive solutions to customers in the Solutions area, and expand our software and AI solutions business to 30% of the entire sales by 2035. When used properly, generative AI can yield manyfold increases in the efficiency and quality of some tasks. AI Technology is constantly evolving, and it has become so ingrained in modern society that the next generation entering the workforce can be said to be generative AI natives. An organization that cannot truly master data and AI will not be able to lead the way in the future. To achieve this goal, the entire Group will work to transform its revenue structure and business model under PX—a Groupwide transformation project that also encompasses DX—and the Panasonic Go initiative that will form the core of this project.
    We will also change the organizational culture. I have said many times before how important it is to keep making improvements and changing, but this has not yet taken root within our culture. There is a deep-rooted tendency toward following the established framework once a decision has been made. If we are going to improve the efficiency and quality of our work, then we must become an organization that is constantly changing, with each individual taking the initiative to make changes. I believe we need to advance to the stage where change is considered a virtue. To achieve this, it is extremely important that we avoid being constrained by deeply-ingrained behaviors and implement a strategy that will transform the company into an organization that is able to “UNLOCK” the potential of its employees.

    The efforts and challenges of each and every employee, entrusted to us by society, will lead to the happiness of our customers around the world, and we will be recognized by society as an “indispensable entity”—this is what the Group should become through these reforms. Once these management reforms have been achieved, all Group employees will be able to take pride in the Panasonic Group as an “aggregation of highly profitable businesses” and an “aggregation of globally competitive businesses.” As our founder, Konosuke Matsushita, once said, “Difficult times provide a precious opportunity for further progress.” In order for the Group to achieve development that will lead to the next generation, we will work together with all our employees, acknowledging and understanding the significance of our efforts, and push ahead until these management reforms have been completed.

    MIL OSI Economics –

  • MIL-OSI Australia: City pens three-year enterprise agreement

    Source: South Australia Police

    The City of Wanneroo’s support for the Australian Automation and Robotics Precinct (AARP) was officially renewed this year, with the City signing a three-year Enterprise Funding Agreement with CORE.

    City of Wanneroo Mayor Linda Aitken, CEO Bill Parker and CORE Innovation Hub Director Brodie McCulloch signed the agreement at the Wanneroo Business Association Sundowner in February, which brought together more than 60 local business representatives at the internationally recognised AARP.

    The $225,000 agreement with CORE will support the activation of the AARP in the Neerabup Industrial Area.

    Spread across 51 hectares the AARP was developed and is managed by DevelopmentWA, the State Government of Western Australia’s land development agency.

    The purpose-designed AARP allows local and global companies to enter the automation and robotics global megatrend set to transform entire sectors, with facilities for research and development, testing, training, as well as demonstrating automation, robotics, and zero emissions technology.

    City of Wanneroo Mayor Linda Aitken said beyond the strategic and economic returns AARP is expected to deliver for WA – an economic impact assessment placed its potential impact at $608m by 2030 – the City’s support furthers its focus on creating new and direct opportunities for local business and residents.

    “AARP’s presence in Neerabup Industrial Area enhances the City’s reputation as a place for innovative and strategic industries to locate, and outcomes will include more opportunities to work closer to home, particularly for those in professional and technical roles,” Mayor Aitken said.

    “In the immediate term, the agreement secures exclusive opportunities for City businesses to participate in AARP programs including AARP Start, AARP Community Coffee Series, AARP Sundowner Series and the Global Robotics and Automation Technology Showcase.

    “The City of Wanneroo is committed to facilitating the delivery of sustainable economic growth, enhancing social and environmental outcomes and enabling businesses to provide diverse, quality and rewarding local job opportunities. I encourage all local businesses to explore opportunities to engage with this internationally recognised innovation hub in the heart of Neerabup.”

    AARP National Robotics and Innovation Lead, Renu Kannu, said the agreement signalled confidence in AARP’s value to the State and its innovation sectors, while recognising the immediate value the facility delivers to local business. 

    “CORE is pleased to collaborate with the City of Wanneroo to provide comprehensive support services to local businesses, including tailored, needs-based support for new and existing businesses at the AARP,” Ms Kannu said.

    “AARP’s success will contribute to the City’s prosperity through uplift in property values, growth in strategic industries, developing an innovation cluster, and generating strategic employment. We appreciate the City’s three-year investment toward achieving these outcomes.

    “From co-working and private office space in a state-of-the-art building, along with access to dedicated testing and development sites and networking and connection events featuring industry relevant guest speakers, the AARP offers connection to an industry led ecosystem and world-class innovation infrastructure. We welcome all local business operators to take advantage of AARP’s many opportunities.” 

    For more information on AARP, visit www.theaarp.com.au

    MIL OSI News –

  • MIL-OSI China: China, Malaysia discuss economic cooperation, joint response to US tariff hikes

    Source: China State Council Information Office

    Chinese Commerce Minister Wang Wentao has held a meeting via video link with Tengku Zafrul Abdul Aziz, Malaysia’s minister of investment, trade and industry, as Malaysia currently holds the rotating chair of ASEAN, said a statement released by China’s Ministry of Commerce on Thursday.

    The two sides held in-depth and candid exchanges on strengthening China-Malaysia and China-ASEAN economic and trade cooperation, as well as jointly responding to the so-called “reciprocal tariffs” raised by the United States.

    Wang said these so-called “reciprocal tariffs” ignore the hard-won balance of interests achieved through years of multilateral trade negotiations and the fact that the United States has long benefited substantially from global trade.

    He described the U.S. move as a typical act of unilateral bullying that severely hurts the legitimate rights and interests of countries including China and ASEAN members.

    Wang added that the U.S. approach also harms its own interests and endangers global economic growth and the stability of industrial and supply chains, posing a grave threat to the multilateral trading system.

    Wang stressed that China firmly opposes such measures and has already taken decisive countermeasures, adding that China is ready to fight till the end if the United States is bent on going down the wrong path.

    He also expressed China’s readiness to strengthen communication and coordination with trading partners, including the ASEAN, and to resolve respective concerns through dialogue and consultation based on mutual respect, in a joint effort to safeguard the multilateral trading system.

    Zafrul said Malaysia’s Ministry of Investment, Trade and Industry has already issued a statement opposing the U.S. policy, noting that it runs counter to the principles of free and fair trade as set out by the World Trade Organization.

    Malaysia fully respects China’s stance and is committed to jointly supporting multilateralism and the advancement of global trade, the minister said, adding the country will engage in consultations with other ASEAN members to jointly respond to the so-called “reciprocal tariffs” and other moves proposed by the United States. 

    MIL OSI China News –

  • MIL-OSI Australia: Cash and tobacco seized in Operation Eclipse raids

    Source: New South Wales – News

    Police have seized $1,572,000 worth of illegal tobacco and $444,000 in cash in raids on 31 premises in the Mid-North and Eyre Peninsula.

    Serious and Organised Crime Branch, members of the Local Service Areas with support of Consumer and Business Services searched 31 premises at Port Pirie, Port Augusta, Whyalla and Port Lincoln between 1 April and 3 April as part of Operation Eclipse.

    The locations searched included tobacconists, barber shops, gift shops, mini-marts, commercial storage facilities and residential premises.

    The searches resulted in the arrest of a man, 51, of Whyalla Playford for unlawful possession of $225,655 cash.

    Investigation is ongoing in relation to other seizures of cash and illicit tobacco.

    Operation Eclipse commander Detective Chief Inspector Brett Featherby said the regional seizures had significantly disrupted the activities of syndicates operating in those regional areas and enhanced our knowledge or their business model.

    “Organised crime syndicates operating in regional areas will be subject to a whole of SAPOL response to disrupt their criminal activity and financial operations,’’ he said.

    “SAPOL will pursue criminal charges when sufficient evidence exists and that includes those who are supporting and enabling that activity and take every opportunity to enforce the full extent of the confiscations legislation to seize assets of those involved.’’

    Operation Eclipse has so far resulted in 33 arrests for offences including blackmail, arson, money laundering and serious criminal trespass.

    There have been 179 premises searched – 47 residential, 119 businesses and 13 storage facilities – more than $2 million in cash, three firearms and almost $16.2 million in tobacco seized. 
    Significantly, there have been 366 calls to Crime Stoppers since October 2 that have resulted in information being provided to police.

    Commissioner for Consumer Affairs Brett Humphrey said the partnership between CBS and SAPOL had made a significant impact on the illicit tobacco and vape trade in South Australia.

    “Together, we are making inroads into the sale of illicit tobacco and vapes and we are taking this very seriously.

    “CBS will continue to work with other agencies focussed on reducing the illicit tobacco trade in South Australia.”

    Anyone with any information on criminal activities surrounding the sale of illicit tobacco is urged to contact Crime Stoppers on 1800 333 000 or at www.crimestopperssa.com.au – you can remain anonymous.

    MIL OSI News –

  • MIL-OSI China: China opposes practices that ignore market economy laws: commerce ministry

    Source: China State Council Information Office

    The Chinese government is opposed to practices that disregard the laws of the market economy, involve extortion, and undermine the legitimate rights and interests of enterprises, the country’s commerce ministry said on Wednesday.

    These comments were made by a spokesperson with the Ministry of Commerce when responding to a question concerning the recent announcement by the United States that it was postponing enforcement of its TikTok sale-or-ban law for a further 75 days.

    The Chinese government always respects and safeguards the legitimate rights and interests of enterprises, and seeks a market-oriented, law-based and internationalized business environment, the spokesperson said.

    China respects equal, voluntary and fair business practices among enterprises, the spokesperson noted, while adding that specific commercial arrangements must comply with Chinese laws — including the export of technology, which must be approved by the Chinese government in accordance with the law.

    MIL OSI China News –

  • MIL-OSI China: US consumers rush to buy ahead of tariffs

    Source: China State Council Information Office

    Americans are racing to make purchases before a tariffs war between the United States and its major trade partners across the world drive up prices, while some of the wealthiest people in the country publicly condemned the policy as potentially catastrophic for the economy.

    In recent weeks, consumers have rushed to increase their purchases of everything from clothing and electronics to cars and furniture, fearing that the costs of goods will jump sharply once tariffs fully take hold.

    “Definitely more people coming into store look to buy TV and electronics to beat the tariff increase,” San Francisco Bay Area-based Best Buy’s sales consultant Van told Xinhua Tuesday.

    The panic-buying has flooded online stores and big-box retailers, including Shein, Ssense, Amazon, Costco, and Walmart, according to The Cut and Facebook News 8 posts. Some online shoppers reported overnight price hikes of 5 to 15 U.S. dollars on items in their carts, citing anticipation of the tariffs.

    “I just bought a TV now instead of waiting,” one user wrote on Reddit. “Prices are already rising on Amazon.” Another thread on the r/carbuying subreddit discussed buyers hurrying to secure vehicles before tariffs increase sticker prices.

    The reckless tariffs, including a tariff on Chinese imports which jumped to 104 percent from midnight of Wednesday, targeted a wide range of goods, from electronics to vehicles. Critics said it will squeeze consumers by raising costs on everyday items.

    For some families, the shift is already painful. A mother in Texas told NPR she used her summer savings to buy back-to-school gear early. “We can’t afford to wait and pay more,” she said. “But now we don’t have money set aside for fall clothes.”

    The “tariff-induced shopping spree” span everything from electronics and appliances to clothing and cars, according to ABC News. Auto sales surged 11.2 percent in March as buyers rushed to beat the 25 percent tariffs on imported vehicles that took effect April 3.

    “Now is the time to buy,” Noel Peguero, a 50-year-old school worker from Queens, New York, told ABC News after spending about 3,500 U.S. dollars on car parts, electronics, and gardening supplies ahead of potential price increases.

    Consumers are actively sharing strategies about what to purchase on social media platforms before prices skyrocket. Reddit users who recently bought homes considered upgrading appliances early, while others on Facebook contemplated purchasing electronics like MacBook laptops before potential price hikes.

    Billionaire Mark Cuban added to consumer concerns by advising people on social media to “buy lots of consumables” before prices increase, recommending “from toothpaste to soap, anything you can find storage space for, buy before they have to replenish inventory.”

    The tariffs introduced on April 2 included a 10 percent universal tariff and additional “reciprocal tariffs” on more than 60 economies who have trade surplus with the United States.

    CBS News reported that the tariffs are actually paid by U.S. importers, who typically pass costs on to consumers.

    Financial experts warned the tariffs represented “the largest tax hike since 1982” and amounted to “an average tax increase of more than 1,900 U.S. dollars per U.S. household in 2025,” according to the Tax Foundation.

    Electronics could see some of the steepest price increases. The Consumer Technology Association estimated that laptop and tablet prices could rise by up to 45 percent, while smartphones may increase by an average of 213 U.S. dollars, representing a 26 percent jump.

    Clothing prices are expected to increase by up to 20 percent, while footwear costs could rise between 20 and 30 percent due to reliance on international manufacturing.

    According to an analysis cited by lifestyle blog Cha Ching Queen, toys could see among the most dramatic price hikes, potentially rising 36 to 56 percent.

    Meanwhile, several billionaires who were republican supporters during last year’s presidential election have broken ranks to criticize the tariff policy.

    Bill Ackman delivered perhaps the most stark warning on Monday, calling the tariffs tantamount to launching an “economic nuclear war” that would severely damage America’s reputation with trading partners.

    Even Elon Musk, who has been heading the Department of Government Efficiency, called for “a zero-tariff situation” between the U.S. and Europe during an Italian political event. Musk also criticized Whitehouse trade adviser Peter Navarro, suggesting his Harvard economics PhD is “a bad thing, not a good thing,” on X, his social media platform.

    Home Depot co-founder Ken Langone, a GOP megadonor and billionaire, also blasted the tariffs, calling the 46 percent import duties on Vietnam “bullshit” and describing the tariff rate on China as “too aggressive, too soon,” on CNBC.

    “The cost of materials for the project I quoted to a client must now cost a lot higher due to the tariff,” home remodeling contractor Jose told Xinhua outside the Home Depot store in San Jose, California. 

    MIL OSI China News –

  • MIL-OSI China: China vows firm countermeasures following US tariff moves, urges dialogue

    Source: China State Council Information Office

    China on Wednesday vowed to take countermeasures with “firm will” and “abundant means” following U.S. tariff hikes, while urging dialogue to resolve respective concerns and stabilize bilateral ties.

    “I want to emphasize that there is no winner in a trade war, and China does not want a trade war, but the Chinese government will by no means sit by when the legitimate rights and interests of its people are being hurt and deprived,” said an official with the Ministry of Commerce.

    The official made the remarks when responding to media questions regarding a white paper released Wednesday by the State Council Information Office on China’s position on some issues concerning China-U.S. economic and trade relations.

    Over the 46 years since the establishment of diplomatic relations between China and the United States, bilateral trade and economic ties have developed rapidly. The trade between the two countries has surged from less than 2.5 billion U.S. dollars in 1979 to nearly 688.3 billion U.S. dollars in 2024, according to the white paper.

    Noting that the successes of China and the United States are opportunities rather than threats for each other, the official said that China hopes the United States will immediately remove its unilateral imposition of tariffs, and work with China to strengthen dialogue, manage differences, and promote cooperation.

    China is willing to communicate with the U.S. side on key bilateral economic and trade issues, address their respective concerns through dialogue and consultations on an equal footing, and jointly advance the steady, healthy and sustainable development of China-U.S. economic and trade relations, the official noted.

    The official said that it is a typical act of unilateralism, protectionism and economic bullying for the United States to take tariffs as a weapon of exerting maximum pressure and pursuing self-interest.

    Under the guise of pursuing “reciprocity” and “fairness,” the United States is engaging in zero-sum games and, in essence, seeking “America First” and “American exceptionalism,” the official said.

    The U.S. side is exploiting tariffs to subvert the existing international economic and trade order, prioritizing U.S. interests above the global common good, and sacrificing the legitimate interests of countries worldwide to serve its own hegemonic agenda, according to the official.

    Noting that the United States is also deliberately severing the well-established global industrial and supply chains and breaking the market-oriented free trade rules, the official said these practices seriously interrupt the economic development of countries around the globe and affect the long-term stable growth of the world economy.

    “It is well proven by history and facts that by raising tariffs, the United States will not solve its own problems,” the official said, noting that instead, it would lead to drastic fluctuations in the financial market, drive up the U.S. inflationary pressure, weaken its industrial foundation, and increase its risk of economic recession, and ultimately, backfire.

    As the world’s largest developing and developed countries respectively, China and the United States are highly complementary in the fields of natural endowment, human resources, market, capital, and technology, among others, and can achieve mutual benefit and win-win outcomes, the official said.

    The white paper came as rising unilateralism and protectionism in the United States have significantly impeded normal economic and trade cooperation between the two countries.

    Since the beginning of trade friction in 2018, the U.S. side has imposed tariffs on Chinese exports worth more than 500 billion U.S. dollars, and has continuously implemented policies aimed at containing and suppressing China. Recently, the United States levied comprehensive additional tariffs on Chinese products, including tariffs citing the fentanyl issue as the pretext, “reciprocal tariffs,” and an additional 50 percent on existing tariffs.

    These measures — revealing the isolationist and coercive nature of U.S. conduct — run counter to the principles of the market economy and multilateralism, and will have serious repercussions for China-U.S. economic and trade relations, the white paper stated.

    In this context, the Chinese government issued the document to clarify the facts surrounding China-U.S. economic and trade relations, systematically outline its policy stance on related issues, expose the harm caused by unilateralism and protectionism to bilateral economic and trade ties, and demonstrate its firm resolve to safeguard national interests and uphold the multilateral trading system, the official added.

    The Chinese side has always maintained that China-U.S. economic and trade relations are mutually beneficial and win-win in nature, the white paper noted.

    As two major countries at different stages of development with distinct economic systems, it is natural for China and the United States to have differences and frictions in their economic and trade cooperation, according to the document.

    In recent years, the U.S. trade deficit has increased globally, while the proportion attributable to China has decreased. Facts show that raising tariffs on China has not succeeded in narrowing the U.S. trade deficit. Instead, it has raised import costs and further widened the deficit, the official said.

    The trade balance in goods between China and the United States is both an inevitable result of the structural issues in the U.S. economy and a consequence of the comparative advantages and international division of labor between the two countries, the official added.

    The official said that China will continue to tap the potential in import and transform its vast market into a global marketplace shared by the world, thereby injecting new momentum into global economic growth. 

    MIL OSI China News –

  • MIL-OSI USA: Senator Markey Joins Cohort of Congressional Energy and Environment Lawmakers Leading Bicameral Letter to Oppose EPA’s Wholesale Assault on Environmental and Public Health Protections

    US Senate News:

    Source: United States Senator for Massachusetts Ed Markey

    Letter signed by 180 members of Congress

    Washington (April 9, 2025) – Senator Edward J. Markey (D-Mass.) today joined Senator Sheldon Whitehouse (D-R.I.), Ranking Member of the U.S. Senate Committee on Environment and Public Works (EPW); the leaders of the House Sustainable Energy and Environment Coalition (SEEC), including Co-Chairs Reps. Doris Matsui, Mike Quigley, and Paul Tonko and Vice Chairs Reps. Don Beyer, Suzanne Bonamici, Sean Casten, Mike Levin, and Chellie Pingree; and Rep. Frank Pallone, Jr., Ranking Member of the House Energy and Commerce Committee, in a bicameral letter to Environmental Protection Agency (EPA) Administrator Lee Zeldin calling out his wholesale assault on the central mission of the agency he was appointed to lead.  They were joined by Democratic Senate Leader Chuck Schumer and Democratic House Leader Hakeem Jeffries, bringing the total to 180 Members of Congress calling on Administrator Zeldin to halt his egregious attacks.

    “In just two months as EPA Administrator, you have demonstrated a complete disregard for the central mission of the agency you were appointed to lead. Instead of protecting the environment – as the agency name directs – you are protecting the special interests of big polluters,” wrote the 180 Members. “We urge you to halt your egregious attacks on the public health and well-being of the American people.”

    They pointed out that, as a result of the Trump EPA repealing and gutting critical environmental and public health protections, communities and families will pay higher health costs and be exposed to more mercury and air toxics from coal-fired power plants and more polluted wastewater from oil and gas producers. 

    “While countries around the world are clamoring for cleaner, cheaper, and more innovative technologies, you are actively hamstringing America’s homegrown clean energy industry, which has already injected $422 billion and 400,000 jobs into our economy in just the past two and a half years,” the lawmakers wrote to Administrator Zeldin. “This is anything but unleashing American energy. At the same time, instead of lowering costs for American families, your actions will result in the opposite. Americans’ medical expenses will increase because your Polluters First agenda will allow particulate matter and other hazardous air pollution to go unchecked.”

    Their letter explained that for every $1 the country spends to reduce air pollution, it is estimated to yield $30 in economic benefits in return. Yet, the Trump EPA is choosing to unleash more air pollutants that are linked to Alzheimer’s, miscarriages, and childhood asthma, as well as other public health concerns.

    “Your actions will needlessly increase American families’ exposure to the pollution that can make them sick and stick them with the bill for their care,” concluded the Members.

    The full letter can be found here.

    Background

    On March 12, Administrator Zeldin announced the “biggest deregulatory action in U.S. history,” which included rolling back 31 environmental rules and regulations. This list of actions directly threatens Americans’ health and fundamental right to clean air and water by:

    1. Rolling back National Ambient Air Quality Standards for particulate matter – some of the most dangerous air pollution known to directly cause asthma and other health issues;
    2. Gutting EPA rules that prevent hazardous metals like mercury and arsenic from ending up in our water supply;
    3. Reconsidering national emissions standards for cancer-causing hazardous air pollutants, including ethylene oxide;
    4. Ending the “Good Neighbor” rule, which simply acknowledged that pollution does not respect state lines and that downwind states should not be burdened by their neighbors’ pollution;
    5. Repealing power plant emissions standards, allowing existing gas and coal-fired power plants to pump unlimited climate pollution into our air; and
    6. Revoking the landmark “Endangerment Finding” that simply states climate-changing pollutants are dangerous to human health, and which serves as the foundation for climate pollution to be regulated under the Clean Air Act.

    And more.

    MIL OSI USA News –

  • MIL-OSI Asia-Pac: President Lai pens Bloomberg News article on Taiwan’s response to US reciprocal tariffs

    Source: Republic of China Taiwan

    Details
    2025-04-08
    President Lai receives credentials from new Tuvalu Ambassador Lily Tangisia Faavae  
    On the morning of April 8, President Lai Ching-te received the credentials of new Ambassador Extraordinary and Plenipotentiary of Tuvalu to the Republic of China (Taiwan) Lily Tangisia Faavae. In remarks, President Lai welcomed the ambassador to her new post and thanked Tuvalu for its long-term support for Taiwan’s international participation. The president also noted that joint efforts between our two countries have produced fruitful results in such areas as medicine and public health, agricultural and fisheries technology, and information and communications technology. He expressed his hope that we will continue to deepen our bilateral relations so as to generate even greater well-being for our peoples and promote peace, stability, and prosperity in the Pacific region. A translation of President Lai’s remarks follows: It is a great pleasure today to receive the credentials of Ambassador Extraordinary and Plenipotentiary of Tuvalu Lily Tangisia Faavae. On behalf of the Republic of China (Taiwan), I extend my warmest welcome to you. Last year, the Republic of China (Taiwan) and Tuvalu celebrated 45 years of diplomatic relations. Prime Minister Feleti Teo visited Taiwan in May last year for the inauguration of myself and Vice President Bi-khim Hsiao and again in October for our National Day celebrations. When I visited Tuvalu last December, I was warmly received by the government and people of Tuvalu, and I deeply felt that our two countries were like family. Ambassador Faavae’s posting to Taiwan demonstrates the importance Prime Minister Teo places on our ties. Widely recognized for her exceptional talent, Ambassador Faavae is an outstanding official with extensive experience in public service. Moreover, during her term as Permanent Secretary of the Ministry of Health and Social Welfare, she voiced support for Taiwan at the World Health Assembly. I believe that with her assistance, our two nations will further advance cooperation and exchanges. I want to thank the government of Tuvalu for long supporting Taiwan’s international participation. Furthermore, joint efforts between our two countries have produced fruitful results in such areas as medicine and public health, agricultural and fisheries technology, and information and communications technology. Last year, Prime Minister Teo and I signed a joint communiqué on advancing the comprehensive partnership between Taiwan and Tuvalu. Going forward, we will stand together in tackling the challenges we face, including climate change and expanding authoritarianism. And we will continue to deepen our bilateral relations so as to generate even greater well-being for our peoples and promote peace, stability, and prosperity in the Pacific region. Once again, I warmly welcome Ambassador Faavae to her new post in Taiwan. Please convey warmest regards from Taiwan to Prime Minister Teo and all of our friends in Tuvalu. I wish you all the best in work and life during your term in Taiwan. Ambassador Faavae then delivered remarks, saying that it is a great honor and privilege to meet with President Lai today as the new Ambassador Extraordinary and Plenipotentiary of Tuvalu to Taiwan, and to present to him her letter of credence. She then extended, on behalf of the government and people of Tuvalu, her warmest greetings and deep respect to the president and people of Taiwan. The letter of credence, she noted, signifies the trust and confidence that her government and governor-general have placed in her to represent their nation and to foster and strengthen the bonds of friendship and cooperation between our countries. Ambassador Faavae said that our two countries have enjoyed a longstanding relationship of 45 years based on mutual respect, cooperation, and shared values. She added that we have collaborated, and continue to do so, in such fields as education, health, climate change adaptation and sea level rise mitigation, agriculture, clean energy, and internet connectivity.  Ambassador Faavae pointed out that Tuvalu remains committed to deepening ties with Taiwan and that it values people-to-people connections and our shared Austronesian heritage. She noted that the people of Tuvalu, a small developing nation, have greatly benefited from Taiwan’s advanced technical expertise and diverse financial assistance. She said she believes Tuvalu and Taiwan share a common interest and are united in our efforts and commitment to upholding democracy, peace, stability, and prosperity for our people and making the world better and safer.  Ambassador Faavae stated that as ambassador of Tuvalu to Taiwan, she pledges to work diligently and respectfully to enhance our bilateral relations, promote mutual understanding, and facilitate collaboration in areas of shared concern. The ambassador said she looks forward to collaborating closely with the Taiwan government and other stakeholders to achieve our common objectives and to continue building a more prosperous and harmonious future for our nations. In closing, she thanked President Lai for the opportunity to serve and to further the enduring friendship between our two countries.  

    Details
    2025-03-28
    President Lai meets British Office Taipei Representative Ruth Bradley-Jones
    On the afternoon of March 28, President Lai Ching-te met with British Office Taipei Representative Ruth Bradley-Jones. In remarks, President Lai welcomed Representative Bradley-Jones as she takes up her post in Taiwan, and thanked the United Kingdom government and parliament for demonstrating staunch support for Taiwan. The president indicated that Taiwan and the UK enjoy close economic and trade ties, and our industries complement each other well, with great potential for collaboration in such fields as semiconductors, AI, unmanned vehicles, and medium- and low-orbit satellites. He stated that he looks forward to expanding exchanges with the UK across all domains so as to enhance democratic and economic resilience, jointly advancing the prosperous development of the Indo-Pacific region and economic security around the world. A translation of President Lai’s remarks follows: It is a pleasure to meet Representative Bradley-Jones here at the Presidential Office for this exchange. I understand that she has proactively called at many government agencies since taking up her post last month. On behalf of the people of Taiwan, I extend a warm welcome. Taiwan and the UK are partners that share the values of freedom and democracy. In recent years, our bilateral relations have continued to deepen. With the efforts of Representative Bradley-Jones and our respective governments, I look forward to the expansion of dialogue and cooperation between Taiwan and the UK. This will further elevate our bilateral ties. Especially in the face of expanding authoritarianism, the UK is not only playing an important role in crafting a unified European response; it is also demonstrating staunch support for Taiwan through various channels. For example, joint statements released after the Australia-UK ministerial consultations, as well as the G7 foreign ministers’ meeting, underlined a high level of concern for peace and stability across the Taiwan Strait. The UK government has publicly expressed support for Taiwan’s international participation on multiple occasions. And last November, the UK House of Commons passed a motion clearly asserting that United Nations General Assembly Resolution 2758 does not mention Taiwan. These actions attest to the UK’s belief in supporting democracy and peace, and have further solidified our countries’ friendship. I would like to convey my deepest gratitude to the UK government and parliament.  Currently, the UK is Taiwan’s fourth largest trading partner in Europe and second largest source of investment from Europe. We enjoy close economic and trade ties, and our industries complement each other well. There is also great potential for collaboration in such fields as semiconductors, AI, unmanned vehicles, and medium- and low-orbit satellites. We look forward to expanding exchanges with the UK across all domains so as to enhance democratic and economic resilience. We also hope the UK will continue to support Taiwan’s bid to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership so that together, we can work with more like-minded partners, jointly advancing the prosperous development of the Indo-Pacific region and economic security around the world. Once again, I welcome Representative Bradley-Jones to Taiwan and wish her all the best with her work. I anticipate that Taiwan-UK relations will continue to steadily advance through our joint efforts. Representative Bradley-Jones then delivered remarks, first saying in Mandarin that she is honored to meet with President Lai to discuss topics of mutual concern and jointly deepen Taiwan-UK relations, promoting mutual understanding, respect, and cooperation. She went on to say that she came to Taiwan last August to study Mandarin, and began her post as British Office Taipei representative in February this year, noting that every day she learns more about and gains a deeper understanding of Taiwan. Last year, she said, she visited Tainan and Wanli, and found Tainan’s wetlands and the scenery in Wanli very impressive. She added that she has also tried many different Taiwanese foods, and is looking forward to experiencing even more of Taiwan’s local culture and customs over the next four years. Continuing her remarks in English, Representative Bradley-Jones stated that since taking up her post, she has borne witness to the strength of the relationship between Taiwan and the UK and the potential for it to continue to grow. She said that on trade and investment, there is significant complementarity between Taiwan’s Five Trusted Industry Sectors and the UK’s Industrial Strategy, particularly in areas such as digital technologies, advanced manufacturing, and clean energy. Both governments are also together supporting Taiwan and UK businesses through our Enhanced Trade Partnership and annual trade talks, she said. Representative Bradley-Jones went on to say that on science and technology, Taiwan and the UK can and should do more together. She noted that the UK has the third largest tech sector in the world and is valued at over US$1.1 trillion, while Taiwan is the center of the semiconductor and AI hardware world. Given our complementary strengths, especially in areas such as semiconductors, space, and communications technology, she said, the UK has stepped up its level of activity in Taiwan, including by regularly hosting a UK Pavilion at SEMICON and funding 18 joint R&D programs through our new collaborative R&D fund, and looks forward to doing more together in the future.  In support of Taiwan’s whole-of-society resilience, the representative said, the UK is supporting valuable exchanges, co-hosting GCTF (Global Cooperation and Training Framework) workshops, sharing lessons on financial sector resilience, and reaching out to mayors and community leaders across Taiwan. From financial resilience to cyber resilience, she said, the UK’s public sector and private industries have plenty to share and learn. Representative Bradley-Jones stated that on people-to-people links, parliamentarians, civil society, and academics are continuing to deepen contact, and that she is particularly excited by a new smart parliament partnership agreed upon by the Taiwan Foundation for Democracy and the UK’s Westminster Foundation for Democracy, which aims to facilitate cross-party, cross-society, and cross-border exchanges on issues such as democratic governance, AI, inclusive policy-making, and public safety. The representative indicated that the examples she mentioned just scratch the surface of the full potential of the Taiwan-UK relationship. She said that the UK’s longstanding policy remains unchanged, and fundamentally, that is because we share a common set of values and interests. We are together focused on how to make our societies safer and more prosperous tomorrow than they are today, she said, and as like-minded democracies, innovative economies, and practical partners, the sincere and pragmatic cooperation between Taiwan and the UK is bringing material benefits to the prosperity and well-being of our people every day. 

    Details
    2025-03-21
    President Lai meets Alaska Governor Mike Dunleavy
    On the morning of March 21, President Lai Ching-te met with a delegation led by Alaska Governor Mike Dunleavy. In remarks, President Lai said that Alaska has long been an important trading partner of Taiwan, and that we have built a solid foundation for cooperation in such fields as energy, fisheries, and tourism. The president expressed hope that Taiwan and Alaska will have more frequent engagement and exchanges so that our relations can continue to grow to create prosperous development for both sides. A translation of President Lai’s remarks follows: On behalf of the people of Taiwan, I extend my sincerest welcome to our guests. This is Governor Dunleavy’s first visit to Taiwan, and last night, we both attended the Hsieh Nien Fan (謝年飯) banquet hosted by the American Chamber of Commerce in Taiwan. I am delighted to have this opportunity to meet with Governor Dunleavy today at the Presidential Office for further dialogue. Alaska has long been an important trading partner of Taiwan. Our sister-state relationship was established in 1988, and we have built a solid foundation for cooperation in such fields as energy, fisheries, and tourism. Currently, Taiwan is Alaska’s eighth largest export market and ninth largest source of imports. This goes to show just how close our trade and economic ties are and how much potential there is for further growth. As I said in my remarks at last night’s Hsieh Nien Fan banquet, Taiwan is interested in buying Alaskan natural gas. I am sure that Governor Dunleavy’s visit will help us explore even more opportunities for cooperation and continue to deepen Taiwan-United States relations. In the face of such challenges as expanding authoritarianism, climate change, and pandemics, we look forward to strengthening collaboration between Taiwan and the US. By drawing on our strengths, we can jointly build non-red supply chains to bolster our economic resilience and drive the advancement of global technology. I want to thank the US government for reiterating the importance it attaches to peace and stability across the Taiwan Strait and its opposition to any attempt to change the status quo by force or coercion. These statements backing Taiwan help in maintaining stability across the Taiwan Strait and in the Indo-Pacific region. Once again, I thank Governor Dunleavy for traveling such a long way to Taiwan. We hope to see more frequent engagement and exchanges between Taiwan and Alaska so that our relations can continue to grow, and we can create prosperous development for both sides. Governor Dunleavy then delivered remarks, saying that their trip to visit friends in Taiwan has been fantastic, thanking President Lai for the invitation to meet, and thanking all the staff. Governor Dunleavy said that as the pandemic was raging, the world went from “before COVID” to “after COVID.” Before COVID, he said, the world relied on a number of systems that were in place for decades after World War II involving supply chains, alliances, sources of energy, trading partners, and friends. He went on to say that as we go beyond COVID, we are reestablishing and reevaluating who our friends are, where we are going to get our energy, and who our trading partners are going to be. The governor said that we are creating a new world for the next 50 years with the new administration in Washington, and this is an opportunity for us to reevaluate and reinvest with our friends for the next 50 years in each other, our futures, and our security. Governor Dunleavy stated that one thing is for certain: that Taiwan is a friend of the US and a friend of Alaska, and has been for many, many decades. He said that it is their hope in this trip and subsequent trips to establish an even tighter bond among their friends in Taiwan, the US, and Alaska. The governor also said that we have much in common in that we are members of the Pacific family, are democracies, and believe in freedom, free speech, and capitalism. He indicated that he has much optimism for the future, and that as we reestablish relationships throughout the world, energy is going to be the key and the basis for our economic development, our national security, and our friendship. Governor Dunleavy said that he believes this trip is going to lay the groundwork for a fantastic future between Taiwan, Alaska, and the US, and that with President Lai’s support as well as the support of the US administration, we can work together to build even better relationships.

    Details
    2025-03-20
    President Lai attends AmCham Taiwan 2025 Hsieh Nien Fan
    On the evening of March 20, President Lai Ching-te attended the annual Hsieh Nien Fan (謝年飯) banquet hosted by the American Chamber of Commerce in Taiwan (AmCham Taiwan). In remarks, President Lai pointed out that the United States is now a major source of investment in Taiwan, adding that last year US investment accounted for 11.5 percent of total foreign investment in Taiwan. The president also pointed out that the US has become Taiwan’s largest investment destination, as Taiwan’s direct and indirect investment in the US accounted for more than 40 percent of its total outbound investment last year. President Lai expressed hope that AmCham will continue to offer support in quickly resolving the issue of double taxation, further enhancing the mutually beneficial Taiwan-US economic and trade partnership. He also emphasized that one essential element for our economic prosperity is maintaining security and stability, both regionally and globally. The president expressed his belief that, so long as we coordinate our efforts, we can achieve more in our respective defense industries and build non-red supply chains, advancing peace, stability, and prosperity. A transcript of President Lai’s remarks follows: I’m delighted to be here tonight. I want to wish everyone and their families a happy, healthy, and prosperous year ahead. For many years now, AmCham has acted as a bridge between Taiwan and the US. It not only advocates for Taiwan to various sectors in the US, but also offers advice for the development of Taiwan’s industries. So tonight, I would like to express my deepest gratitude to all our friends from the American business community. The 2025 Business Climate Survey, published by AmCham this January, demonstrates the confidence foreign businesses have in the Taiwan market. We are happy to see that over 80 percent of survey respondents reported stable or increased revenue last year, and around 80 percent expressed confidence in Taiwan’s economic prospects for the coming year. Moreover, 90 percent of businesses surveyed are planning to maintain or expand their investments in Taiwan. The positive developments in Taiwan made by our American friends here tonight, their outlook for the future, and their confidence in Taiwan, are further proof of Taiwan’s ideal environment for investment. The US is now a major source of investment in Taiwan. Last year, US investment accounted for 11.5 percent of total foreign investment in Taiwan. In 2023, Entegris opened a new manufacturing facility in Kaohsiung and Micron launched a new facility in Taichung. Last year, Google further solidified Taiwan as its biggest R&D hub outside of the US by opening a new office here. AMD, Nvidia, and major cloud computing companies from the US have also been choosing Taiwan to expand their presence. Over the past several years, the US has also become Taiwan’s largest investment destination. Taiwan’s direct and indirect investment in the US accounted for more than 40 percent of our total outbound investment last year. Four years ago, TSMC’s [Taiwan Semiconductor Manufacturing Company] investment in facilities in Arizona became the biggest FDI [foreign direct investment] in a greenfield project in US history. And this month, TSMC announced it would expand that investment, breaking another record and highlighting the enduring prosperity shared by Taiwan and the US. In addition to TSMC, Taiwan’s GlobalWafers has built a 12-inch silicon wafer factory in Texas, the biggest in the US. This will be followed by many other industries. These companies are confidently expanding their global presence across the Pacific and eastward into the Americas. The US is moving to reindustrialize its manufacturing industry and consolidate high-tech leadership, as it moves to become a global AI hub. In these efforts, Taiwan is an indispensable partner for the US. While the US is a leader in chip design, Taiwan’s semiconductor manufacturing plays an irreplaceable part in the supply chain. Adapting to the changing geopolitical landscape and the coming era of smart technology, Taiwan will continue to promote its Five Trusted Industry Sectors of semiconductors, AI, military, next-gen communications, and security and surveillance. This will drive the next stage in our economic development. A great time to invest in Taiwan is now. We will continue to better connect relevant government agencies and align with international standards to foster a friendlier investment environment. And I am confident that Taiwanese and American companies can leverage their respective high-tech expertise and invest in each other, boosting growth in industrial innovation and development for both our economies. At the same time, we hope to continue deepening Taiwan-US trade relations. Last year, Taiwan was the seventh largest trading partner of the US, up one spot from the previous year, and bilateral trade grew by 24.2 percent. Taiwan is going to expand procurement from the US of industrial and agricultural products, as well as natural gas. I am very happy to welcome Governor [Mike] Dunleavy of Alaska, who has specially come all the way to Taiwan. Alaska is a source of high-quality natural gas, and its relatively short distance from Taiwan facilitates transportation. So we are very interested in buying Alaskan natural gas because it can meet our needs and ensure our energy security. We hope that AmCham will continue to offer support in quickly resolving the issue of double taxation and removing tax barriers to bilateral investment and trade, further enhancing the mutually beneficial Taiwan-US economic and trade partnership. One essential element for our economic prosperity is maintaining security and stability, both regionally and globally. So we are grateful for the joint leaders’ statement issued by [US] President [Donald] Trump and Japan’s Prime Minister Ishiba Shigeru, in which they expressed their solid support for maintaining peace and stability across the Taiwan Strait. As we face growing authoritarianism, Taiwan will continue to uphold our values of freedom and democracy and will be a responsible actor in regional and global security. Currently, Taiwan’s defense budget stands at about 2.5 percent of GDP. Going forward, the government will prioritize special budget allocations to ensure that our defense budget exceeds 3 percent of GDP. At the same time, we will continue to reform national defense, further enhancing Taiwan’s self-defense capabilities. And we will advance our cooperation with the US and other democracies in upholding regional stability and prosperity. We also welcome continued Taiwan-US cooperation in the defense sector. I believe that, so long as we coordinate our efforts, we can achieve more in our respective defense industries and build non-red supply chains, advancing peace, stability, and prosperity. In closing, I look forward to seeing even greater achievements from Taiwan-US economic and trade cooperation. Thank you. After remarks, President Lai, AmCham Chairperson Dan Silver, American Institute in Taiwan Taipei Office Director Raymond Greene, and Governor Dunleavy raised their glasses in recognition of the strong Taiwan-US friendship.  

    Details
    2025-03-18
    President Lai meets Arizona Governor Katie Hobbs  
    On the afternoon of March 18, President Lai Ching-te met with a delegation led by Arizona Governor Katie Hobbs. In remarks, President Lai said that Taiwan and Arizona enjoy close economic and trade relations, and expressed hope that through our joint efforts, Arizona will become a shining example for Taiwan-United States high-tech collaboration and the creation of non-red supply chains. The president indicated that the next goal for Taiwan and the US is the signing of an agreement for the avoidance of double taxation, which would provide greater incentives for Taiwanese businesses to invest in the US, facilitate the establishment of more comprehensive industry clusters, and generate more job opportunities, representing a win-win outcome for Taiwan-US relations. A translation of President Lai’s remarks follows: I warmly welcome you all to the Presidential Office. Governor Hobbs previously visited Taiwan after taking office in 2023. Her leading a delegation to Taiwan once again demonstrates Arizona’s continued friendship and the importance Arizona attaches to Taiwan. For this, I express my sincerest gratitude, and I welcome you again. In recent years, ties between Taiwan and Arizona have continued to expand and progress. For example, Taiwan Semiconductor Manufacturing Company (TSMC)’s investment in Arizona is the largest greenfield investment in US history. This month, TSMC announced that it would increase its investment in the US by US$100 billion. It plans to build more semiconductor fabrication and research and development facilities in greater Phoenix, transforming the area into a US semiconductor hub. Due to our close industrial engagement, we now have more than 30,000 Taiwanese living in Arizona. I would like to thank Governor Hobbs for taking care of Taiwanese businesses and people. I believe that through our joint efforts, Arizona will become a shining example for Taiwan-US high-tech collaboration and the creation of non-red supply chains. Taiwan and Arizona also enjoy close economic and trade relations. Taiwan is Arizona’s eighth largest export market and fifth largest source of imports. Last December, the first agreement under the Taiwan-US Initiative on 21st-Century Trade officially came into effect. I believe this will help further deepen our trade and economic ties. At present, the next goal for Taiwan and the US is the signing of an agreement for the avoidance of double taxation. I hope that we can work together to achieve this goal as soon as possible. This would provide greater incentives for Taiwanese businesses to invest in the US, facilitate the establishment of more comprehensive local industry clusters, and generate more job opportunities, representing a win-win outcome. With Governor Hobbs’s support, we look forward to continuing to advance Taiwan-US relations and promoting further cooperation and exchanges between Taiwan and Arizona across all domains. I understand that during this visit, you have visited many important companies and exchanged opinions with government agencies on how to strengthen bilateral relations. These efforts all go toward building an even more solid foundation for future Taiwan-US cooperation. Once again, I thank you all for supporting Taiwan and welcome you to visit us often in the future. Governor Hobbs then delivered remarks, stating that under President Lai’s leadership, Taiwan continues to thrive as a global hub for technology, innovation, and advanced manufacturing. She said that she is proud to be back in Taiwan alongside her secretary of commerce, Sandra Watson, as part of a diplomatic and economic delegation from Arizona. Since arriving, she said, they’ve hit the ground running, meeting with key partners, businesses, and leaders, noting that the takeaway from their meetings has been incredibly positive, and that they underscore the strong and enduring partnership between Arizona and Taiwan. Adding that our partnership that is built on shared values, mutual cultural appreciation, and commitment to innovation and economic growth, Governor Hobbs indicated that Arizona and Taiwan’s partnership extends back decades, as Taiwanese fighter pilots have been training at Luke Air Force Base in Phoenix since 1996. She said that we have built a strong base of collaboration across many areas, including technology, workforce, and cultural exchange, and that Arizona is even slated to get its own Din Tai Fung (鼎泰豐), which she expressed she is very thrilled about. Governor Hobbs went on to say that Arizona’s relationship with Taiwan is anchored by its ongoing partnership with TSMC and many Taiwan-based companies in semiconductor and other industries, and that TSMC’s US$165 billion investment in Arizona will help power development of the world’s most advanced technology, such as AI, and promises to cement an unbreakable bond between our two economies.  She stated that as governor, she can say with confidence that her administration is fully committed to strengthening this relationship in every way possible, because when Arizona and Taiwan succeed, we all succeed. Lastly, Governor Hobbs once again expressed gratitude to President Lai and the people of Taiwan for their warm hospitality. She then invited President Lai to Arizona to continue their productive conversations and further strengthen ties between our people and our economies, adding that she knows there is no limit to what we can achieve together, and that she is looking forward to what is to come. The delegation was accompanied to the Presidential Office by American Institute in Taiwan Taipei Office Director Raymond Greene.

    Details
    2025-04-06
    President Lai delivers remarks on US tariff policy response
    On April 6, President Lai Ching-te delivered recorded remarks regarding the impact of the 32 percent tariff that the United States government recently imposed on imports from Taiwan in the name of reciprocity. In his remarks, President Lai explained that the government will adopt five response strategies, including making every effort to improve reciprocal tariff rates through negotiations, adopting a support plan for affected domestic industries, adopting medium- and long-term economic development plans, forming new “Taiwan plus the US” arrangements, and launching industry listening tours. The president emphasized that as we face this latest challenge, the government and civil society will work hand in hand, and expressed hope that all parties, both ruling and opposition, will support the measures that the Executive Yuan will take to open up a broader path for Taiwan’s economy. A translation of President Lai’s remarks follows: My fellow citizens, good evening. The US government recently announced higher tariffs on countries around the world in the name of reciprocity, including imposing a 32 percent tariff on imports from Taiwan. This is bound to have a major impact on our nation. Various countries have already responded, and some have even adopted retaliatory measures. Tremendous changes in the global economy are expected. Taiwan is an export-led economy, and in facing future challenges there will inevitably be difficulties, so we must proceed carefully to turn danger into safety. During this time, I want to express gratitude to all sectors of society for providing valuable opinions, which the government regards highly, and will use as a reference to make policy decisions.  However, if we calmly and carefully analyze Taiwan’s trade with the US, we find that last year Taiwan’s exports to the US were valued at US$111.4 billion, accounting for 23.4 percent of total export value, with the other 75-plus percent of products sold worldwide to countries other than the US. Of products sold to the US, competitive ICT products and electronic components accounted for 65.4 percent. This shows that Taiwan’s economy does still have considerable resilience. As long as our response strategies are appropriate, and the public and private sectors join forces, we can reduce impacts. Please do not panic. To address the reciprocal tariffs by the US, Taiwan has no plans to adopt retaliatory tariffs. There will be no change in corporate investment commitments to the US, as long as they are consistent with national interests. But we must ensure the US clearly understands Taiwan’s contributions to US economic development. More importantly, we must actively seek to understand changes in the global economic situation, strengthen Taiwan-US industry cooperation, elevate the status of Taiwan industries in global supply chains, and with safeguarding the continued development of Taiwan’s economy as our goal, adopt the following five strategies to respond. Strategy one: Make every effort to improve reciprocal tariff rates through negotiations using the following five methods:  1. Taiwan has already formed a negotiation team led by Vice Premier Cheng Li-chiun (鄭麗君). The team includes members from the National Security Council, the Office of Trade Negotiations, and relevant Executive Yuan ministries and agencies, as well as academia and industry. Like the US-Mexico-Canada free trade agreement, negotiations on tariffs can start from Taiwan-US bilateral zero-tariff treatment. 2. To expand purchases from the US and thereby reduce the trade deficit, the Executive Yuan has already completed an inventory regarding large-scale procurement plans for agricultural, industrial, petroleum, and natural gas products, and the Ministry of National Defense has also proposed a military procurement list. All procurement plans will be actively pursued. 3. Expand investments in the US. Taiwan’s cumulative investment in the US already exceeds US$100 billion, creating approximately 400,000 jobs. In the future, in addition to increased investment in the US by Taiwan Semiconductor Manufacturing Company, other industries such as electronics, ICT, petrochemicals, and natural gas can all increase their US investments, deepening Taiwan-US industry cooperation. Taiwan’s government has helped form a “Taiwan investment in the US” team, and hopes that the US will reciprocate by forming a “US investment in Taiwan” team to bring about closer Taiwan-US trade cooperation, jointly creating a future economic golden age.  4. We must eliminate non-tariff barriers to trade. Non-tariff barriers are an indicator by which the US assesses whether a trading partner is trading fairly with the US. Therefore, we will proactively resolve longstanding non-tariff barriers so that negotiations can proceed more smoothly. 5. We must resolve two issues that have been matters of longstanding concern to the US. One regards high-tech export controls, and the other regards illegal transshipment of dumped goods, otherwise referred to as “origin washing.” Strategy two: We must adopt a plan for supporting our industries. For industries that will be affected by the tariffs, and especially traditional industries as well as micro-, small-, and medium-sized enterprises, we will provide timely and needed support and assistance. Premier Cho Jung-tai (卓榮泰) and his administrative team recently announced a package of 20 specific measures designed to address nine areas. Moving forward, the support we provide to different industries will depend on how they are affected by the tariffs, will take into account the particular features of each industry, and will help each industry innovate, upgrade, and transform. Strategy three: We must adopt medium- and long-term economic development plans. At this point in time, our government must simultaneously adopt new strategies for economic and industrial development. This is also the fundamental path to solutions for future economic challenges. The government will proactively cooperate with friends and allies, develop a diverse range of markets, and achieve closer integration of entities in the upper, middle, and lower reaches of industrial supply chains. This course of action will make Taiwan’s industrial ecosystem more complete, and will help Taiwanese industries upgrade and transform. We must also make good use of the competitive advantages we possess in such areas as semiconductor manufacturing, integrated chip design, ICT, and smart manufacturing to build Taiwan into an AI island, and promote relevant applications for food, clothing, housing, and transportation, as well as military, security and surveillance, next-generation communications, and the medical and health and wellness industries as we advance toward a smarter, more sustainable, and more prosperous new Taiwan. Strategy four: “Taiwan plus one,” i.e., new “Taiwan plus the US” arrangements: While staying firmly rooted in Taiwan, our enterprises are expanding their global presence and marketing worldwide. This has been our national economic development strategy, and the most important aspect is maintaining a solid base here in Taiwan. We absolutely must maintain a solid footing, and cannot allow the present strife to cause us to waver. Therefore, our government will incentivize investments, carry out deregulation, and continue to improve Taiwan’s investment climate by actively resolving problems involving access to water, electricity, land, human resources, and professional talent. This will enable corporations to stay in Taiwan and continue investing here. In addition, we must also help the overseas manufacturing facilities of offshore Taiwanese businesses to make necessary adjustments to support our “Taiwan plus one” policy, in that our national economic development strategy will be adjusted as follows: to stay firmly rooted in Taiwan while expanding our global presence, strengthening US ties, and marketing worldwide. We intend to make use of the new state of supply chains to strengthen cooperation between Taiwanese and US industries, and gain further access to US markets. Strategy five: Launch industry listening tours: All industrial firms, regardless of sector or size, will be affected to some degree once the US reciprocal tariffs go into effect. The administrative teams led by myself and Premier Cho will hear out industry concerns so that we can quickly resolve problems and make sure policies meet actual needs. My fellow citizens, over the past half-century and more, Taiwan has been through two energy crises, the Asian financial crisis, the global financial crisis, and pandemics. We have been able to not only withstand one test after another, but even turn crises into opportunities. The Taiwanese economy has emerged from these crises stronger and more resilient than ever. As we face this latest challenge, the government and civil society will work hand in hand, and I hope that all parties in the legislature, both ruling and opposition, will support the measures that the Executive Yuan will take to open up a broader path for Taiwan’s economy. Let us join together and give it our all. Thank you.

    MIL OSI Asia Pacific News –

  • MIL-OSI USA: Gov. Pillen Holds Bill Signing on the 340B Contract Pharmacy Protection Act

    Source: US State of Nebraska

    . Pillen Holds Bill Signing on the 340B Contract Pharmacy Protection Act

     

    LINCOLN, NE – Today, Governor Jim Pillen hosted a news conference and bill signing for LB168, the 340B Contract Pharmacy Protection Act. Calling the bill a critical part of healthcare, especially for hospitals in rural communities, Gov. Pillen expressed his appreciation for the work of senators, hospitals and others to get the legislation to his desk. 

    LB168, introduced by Senator Brian Hardin, protects the savings created by the 340B program. Passed Congress in 1992, the program was later expanded to cover additional entities. Under 340B, drug manufacturers that participate in Medicaid, sell certain outpatient drugs at discounted prices to health care providers like hospitals, clinics and federally qualified health centers – places that often care for uninsured and underinsured patients. During COVID, drug manufacturers not only disallowed discounts for medications, but they also imposed burdensome requirements, which are now prohibited through passage of the 340B Contract Pharmacy Protection Act. 

    “This is really important legislation that allows our hospitals – from the biggest to the smallest – to provide the services Nebraskans depend on,” said Gov. Pillen. “The savings from the 340B program have been a critical part of how our hospitals operate and ensures that our patients are getting great care.” 

    Sen. Hardin emphasized that without legislation securing the savings from drug costs, hospitals – both rural and urban – as well as their patients, would suffer, including his own hospital in Scottsbluff. 

    “In fact, the hospitals that are most vulnerable — probably a dozen and a half of the 58 critical access hospitals that participate in 340B — may not see it through another year if they don’t get that help because they operate at a 1.4% margin,” noted Sen. Hardin. “’I’m very thankful for everyone who has stepped forward to make sure this moves ahead. Thanks to all my fellow senators who saw this need.”

    Olivia Little, who directs the 340B program for Johnson County Hospital, explained in detail how the program has been a benefit to her hospital system and its associated clinics.

    “Our hospitals rely heavily on the 340B program to fund services that operate at a loss, like our home health program and our EMS program. While these services operate at a loss, they are vital to patients and community members caring for their loved ones.”

    Tyler Toline, president and CEO of Franciscan Healthcare in West Point noted that his healthcare system had similar challenges. 

    “We have a home health and hospice that loses many hundreds of thousands of dollars a year. We have a nursing home and an assisted living facility that are in that same boat. When you look at the dollars that we get out of the 340B program, it allows us to keep these operations and services going, which are vital to the success of our communities.”

    “Without those rural, critical care hospitals, we are going to lose population,” added Senator Mike Jacobsen, chairman of the Banking, Commerce and Insurance Committee, which heard and advanced the bill for debate.

    “This is another step forward in trying to preserve the hospitals that are there, so they can remain open and continue to serve Medicare and Medicaid patients, which is where a lot of these dollars go.” 

    “Staff members at our hospitals do amazing work, and I’m proud to sign this bill into law to help their efforts,” said Gov. Pillen. “This legislation will make a great deal of difference for our critical access and rural hospitals going forward.”

    Gov. Pillen Speaking Before Senators, Hospital Administrators, and Guests

    Governor Pillen Flanked by Senator Mike Jacobson (Left) and Senator Brian Hardin (Right) Showing the Signed Bill

    Senator Brian Hardin Speaking on His Bill, the 340B Contract Pharmacy Protection Act

    MIL OSI USA News –

  • MIL-Evening Report: ER Report: A Roundup of Significant Articles on EveningReport.nz for April 10, 2025

    ER Report: Here is a summary of significant articles published on EveningReport.nz on April 10, 2025.

    Keith Rankin Essay – Rational Expectations, Intelligence, and War
    Essay by Keith Rankin. ‘Rational Expectations’ is a problematic theory in economics. Here I want to focus more away from economics; and more on the meanings of ‘rationality’ in decision-making, than on the problematic ambiguity of the word ‘expect’ (and its derivatives such as ‘expectations’). ‘Expectation’ here means what we believe ‘will’ happen, not ‘should’

    Location-sharing apps are enabling domestic violence. But young people aren’t aware of the danger
    Source: The Conversation (Au and NZ) – By Maria Atienzar-Prieto, PhD Candidate, School of Health Sciences and Social Work, Griffith University The Conversation/Snapchat Location-sharing apps are shaping how we connect and communicate – especially among younger people. Snap Map, a popular feature within Snapchat, is widely used by teens and young adults to stay in

    Tools like Apple’s photo Clean Up are yet another nail in the coffin for being able to trust our eyes
    Source: The Conversation (Au and NZ) – By T.J. Thomson, Senior Lecturer in Visual Communication & Digital Media, RMIT University Apple Clean Up highlights photo elements that might be deemed distracting. T.J. Thomson You may have seen ads by Apple promoting its new Clean Up feature that can be used to remove elements in a

    Current major party policies fall short for Indigenous communities. Here’s a better path forward
    Source: The Conversation (Au and NZ) – By Bartholomew Stanford, Senior Lecturer of Indigenous Studies, Indigenous Education and Research Centre, James Cook University Since the Voice to Parliament referendum in 2023, the Indigenous Affairs portfolio has not featured prominently in policy debates at the national level. As the election campaign continues, there’s yet to be

    Good boy or bad dog? Our 1 billion pet dogs do real environmental damage
    Source: The Conversation (Au and NZ) – By Bill Bateman, Associate Professor, Behavioural Ecology, Curtin University William Edge/Shutterstock There are an estimated 1 billion domesticated dogs in the world. Most are owned animals – pets, companions or working animals who share their lives with humans. They are the most common large predator in the world.

    Labor made plenty of promises at the last election. Did they deliver?
    Source: The Conversation (Au and NZ) – By Frank Rindert Algra-Maschio, PhD Candidate, Social and Political Sciences, Monash University Election promises are a mainstay of contemporary politics. Governments cite kept commitments as proof they can be trusted, while oppositions pounce on any failure to deliver. But beyond the politics, campaign pledges are also central to

    Australia urgently needs to get serious about long-term climate policy – but there’s no sign of that in the election campaign
    Source: The Conversation (Au and NZ) – By Frank Jotzo, Professor, Crawford School of Public Policy and Head of Energy, Institute for Climate Energy and Disaster Solutions, Australian National University The federal election should be an earnest contest over the fundamentals of Australia’s climate and energy policies. Strong global action on climate change is clearly

    1 in 10 tunnel workers could develop silicosis, our new research shows
    Source: The Conversation (Au and NZ) – By Kate Cole, Occupational Hygienist, PhD Candidate, University of Sydney Around 10% of underground tunnel workers in Queensland could develop silicosis, our new study has found. Silicosis is a serious, incurable lung disease caused by inhaling small particles of silica dust. You might have heard about it in

    Here’s how a ‘silent’ tax hike is balancing the budget – with the heaviest burden on the lowest paid
    Source: The Conversation (Au and NZ) – By Chris Murphy, Visiting Fellow, Economics (modelling), Australian National University With just over three weeks to go until the federal election, both major parties are trying to position themselves as Australia’s better economic managers. Labor was able to hand down two consecutive budget surpluses in its current term.

    Our ancestors didn’t eat 3 meals a day. So why do we?
    Source: The Conversation (Au and NZ) – By Rob Richardson, Senior Lecturer in Culinary Arts & Gastronomy, Auckland University of Technology Shutterstock Pop quiz: name the world’s most famous trio? If you’re a foodie, then your answer might have been breakfast, lunch and dinner. It’s an almost universally accepted trinity – particularly in the Western

    Tripped at the first hurdle: fees-free changes could put some students off tertiary study altogether
    Source: The Conversation (Au and NZ) – By Wendy Ann Alabaster, PhD candidate, University of Canterbury skynesher/Getty Images The door to tertiary education will likely close for some students now changes have kicked in for the fees-free policy. In 2017, the Labour government introduced a fee holiday for students’ first year of academic study, or

    Europe tops global ranking of dynamic and sustainable cities – here’s why
    Source: The Conversation (Au and NZ) – By Pascual Berrone, Head of Strategic Management Department and Chair of Sustainability and Business Strategy, IESE Business School (Universidad de Navarra) London, New York and Paris have been named the world’s most dynamic and liveable cities. This is according to a new ranking of global cities that highlights

    Election Diary: Chalmers and Taylor quizzed on personal flaws during animated treasurers’ debate
    Source: The Conversation (Au and NZ) – By Michelle Grattan, Professorial Fellow, University of Canberra Perhaps the most compelling moment, at least for non-economists, in Wednesday night’s debate between Treasurer Jim Chalmers and his “shadow” Angus Taylor was when each man was forced to respond to what critics see as their personal flaws. Moderator Ross

    Politics with Michelle Grattan: Hugh White on what the next PM should tell Trump and defending Australia – without the US
    Source: The Conversation (Au and NZ) – By Michelle Grattan, Professorial Fellow, University of Canberra The Trump ascendancy has forced international economic issues and the future strategic outlook onto the Australian election agenda, even if they are at the margins. This campaign – while dominated by domestic issues, notably the cost of living – is

    The Coalition’s domestic gas plan would lower prices – just not very much
    Source: The Conversation (Au and NZ) – By Samantha Hepburn, Professor, Deakin Law School, Deakin University A LNG carrier departs Gladstone. Ivan Kuzkin/Shutterstock It surprised many Australians when the Coalition announced a plan straight from the progressive side of politics: force large gas companies to reserve gas for domestic use – at a lower cost

    Can you spot a financial fake? How AI is raising our risks of billing fraud
    Source: The Conversation (Au and NZ) – By Matthew Grosse, Director of the Master of Business Analytics, Senior Lecturer, Accounting, University of Technology Sydney Along with the many benefits of artificial intelligence – from providing real time navigation to early disease detection – the explosion in its use has increased opportunities for fraud and deception.

    Running for parliament is still a man’s world, with fewer female candidates – especially in winnable seats
    Source: The Conversation (Au and NZ) – By Elise Stephenson, Deputy Director, Global Institute for Women’s Leadership, Australian National University Despite progress towards gender equality in Australian elections, women remain underrepresented among candidates vying for office on May 3. They are also overrepresented in “glass cliff” seats, which are the ones that are difficult to

    Adam Bandt says the Greens can deliver ‘real change’ – but the party should choose its battles more wisely
    Source: The Conversation (Au and NZ) – By Kate Crowley, Adjunct Associate Professor, Public and Environmental Policy, University of Tasmania Federal Greens leader Adam Bandt says the federal election offers “an opportunity for real change”, saying his party would use the balance of power in the next parliament to help deliver serious policy reforms. In

    Don’t let embarrassment stop you – talking about these anal cancer symptoms could save your life
    Source: The Conversation (Au and NZ) – By Suzanne Mahady, Gastroenterologist & Clinical Epidemiologist, Senior Lecturer, Monash University sarkao/Shutterstock Anal cancer doesn’t get a lot of attention. This may be because it’s relatively rare – anal cancer affects an estimated one to two Australians in every 100,000. As a comparison, melanomas affect around 70 in

    Gold rush Melbourne and post-war boom: how Australia overcame housing shortages in the past
    Source: The Conversation (Au and NZ) – By Rachel Stevens, Lecturer, Institute for Humanities and Social Sciences, Australian Catholic University As part of their federal election campaign, the Coalition announced plans to limit the number of international students able to commence study each year to 240,000, “focused on driving […] housing availability and affordability”. This

    MIL OSI Analysis – EveningReport.nz –

  • MIL-OSI China: China files lawsuit with WTO following latest US tariff hikes: commerce ministry

    Source: China State Council Information Office

    China’s Ministry of Commerce said on Wednesday that the country has filed a lawsuit against the United States with the World Trade Organization’s (WTO) dispute settlement mechanism following the latest U.S. tariff hikes.

    The U.S. additional tariff measures seriously violate WTO rules, a ministry spokesperson said, responding to the U.S. announcement of imposing 50 percent additional tariffs on Chinese goods following previous so-called “reciprocal tariffs.”

    The imposition of additional 50 percent tariffs is a grave mistake on top of an existing one and highlights the unilateral bullying nature of the U.S. actions, the spokesperson said.

    China will firmly safeguard its legitimate rights and interests in accordance with the WTO rules, and resolutely uphold the multilateral trading system and the international economic and trade order, according to the spokesperson. 

    MIL OSI China News –

  • MIL-OSI China: China, EU vow joint efforts to uphold multilateral trading system

    Source: People’s Republic of China – State Council News

    BEIJING, April 10 — China and the European Union vowed to jointly uphold the multilateral trading system with the WTO at its core, China’s commerce ministry said in a statement released Thursday.

    The statement came after China’s Commerce Minister Wang Wentao and European Commissioner for Trade and Economic Security Maros Sefcovic held a talk via video on Tuesday, during which they discussed various issues, including enhancing China-EU economic and trade cooperation and responses to the U.S. imposition of so-called “reciprocal tariffs”.

    MIL OSI China News –

  • MIL-OSI New Zealand: Universities – Renters miss out on real relief from housing subsidy – UoA study

    Source: University of Auckland (UoA)

    As more New Zealanders rent and rents continue to climb, new research shows government support is failing to ease housing stress.

    New Zealand’s accommodation supplement is doing little to improve affordability for renters, according to a recent study. (ref. https://papers.ssrn.com/sol3/papers.cfm?abstract_id=5100405 )

    Although rental subsidies offer some relief, the study authors say they’re not significantly closing the affordability gap between lower- and higher-income groups.

    In contrast, the researchers show that mortgage subsidies work more effectively, helping to level the playing field between low- and high-income homeowners.

    Associate professor Edward Yiu and Dr William Cheung from the University of Auckland’s Business School compare the rent-to-income ratio and mortgage -to-income ratio of Auckland households receiving the accommodation supplement with those that don’t.

    They compare households within the same income bracket, and using data from 2019 to 2023, show that rental subsidies do little to improve affordability.

    “While rental subsidies offer some help, they fall short of creating comparable affordability,” says Yiu.

    Renters receiving the supplement pay more than renters who don’t

    Renters receiving the supplement spent more of their income on rent than those not getting it across all five income brackets the researchers analysed.

    Studies in other countries have shown that landlords may raise rents in response to subsidies, leading to higher rental costs for people on rent support payments, says Yiu. “This could be why renters receiving the accommodation supplement are paying more in Aotearoa.”

    In 2023, in the middle-income bracket, renters on the accommodation supplement were spending 35.65 percent of their income on rent alone, compared to 25.85 percent for those not on support payments.

    When excluding the accommodation supplement from household income, the rent-to-income ratio of households receiving the supplement jumps to 39.15 percent. This indicates that while government support provides some relief, it’s ineffective in bringing rent-to-income ratios down to a more affordable level, says Yiu.

    “We’re facing a bit of a dilemma when it comes to rental subsidy policy. Raising subsidy levels could provide immediate relief but it might also contribute to rent inflation.”

    Housing affordability is a critical challenge in New Zealand, with many low-income households struggling to meet housing costs.

    “While the accommodation supplement is intended to support households with rent and mortgage costs, our findings suggest it’s not providing effective relief for renters,” says Cheung.

    Mortgage supplement levels the playing field for homeowners

    Homeowners receiving the mortgage supplement experience significantly lower mortgage payments than those who don’t, according to the study.

    In 2023, households collecting the supplement paid $32,000 annually in mortgage repayments compared to $39,250 for homeowners (in the same income bracket) not receiving the supplement.

    “Mortgage subsidies effectively level affordability between low-income and higher-income homeowners,” says Yiu.

    This, he argues, suggests homeownership support payments offer more consistent and lasting affordability benefits than rental subsidies.

    “The limited effectiveness of rental subsidies suggests a need to rethink the role of the accommodation supplement in assisting low-income renters.

    “A shift toward policies that support transitions to homeownership, such as shared equity schemes or targeted mortgage support, may provide more sustainable affordability outcomes. A direct provision of public rental housing could also be a potential solution.”

    The Accommodation Supplement is one of New Zealand’s primary social housing support programmes. It provides weekly financial assistance to lower-income households struggling with housing costs.

    MIL OSI New Zealand News –

  • MIL-OSI USA: Senator Marshall and Colleagues Introduce Bill to Protect Family Farms and Consumers from Burdensome Government Overreach

    US Senate News:

    Source: United States Senator for Kansas Roger Marshall
    Washington – U.S. Senator Roger Marshall, M.D. (R-Kansas) introduced the Food Security and Farm Protection Act alongside colleagues on the Senate Agriculture Committee, which prohibits any state or local government from interfering with commerce and agricultural practices in another state outside their jurisdiction.
    This legislation was introduced in response to California’s Proposition 12, also known as the Farm Animal Confinement Initiative. This law sets minimum space requirements for egg-laying hens, breeding pigs, and veal calves, and prohibits the sale of products from animals raised in California or out-of-state that do not meet these standards.
    “The United States is constantly faced with non-tariff trade barriers from protectionist countries, which hurts American agriculture’s access to new markets. The last thing we need is for states like California imposing its will on ag-heavy states like Kansas with regulations that will also restrict our ability to trade among the states,” said Senator Marshall. “Midwest farmers and ranchers who produce our nation’s food supply should not be hamstrung by coastal activist agendas that dictate production standards from hundreds of miles away, and I am proud to support this legislation that gives Kansas agriculture producers the freedom to produce safe, affordable food for all.”
    The Food Security and Farm Protection Act is co-led by Senators Chuck Grassley (R-Iowa) and Joni Ernst (R-Iowa).
    “Proposition 12 is dangerous and arbitrary overregulation that stands in direct opposition to the livelihoods of Iowa pork producers, increases costs for both farmers and consumers, and jeopardizes our nation’s food security,” said Senator Ernst. “I’m proud to be leading the charge to strike down this harmful measure and will keep fighting to make sure the voices of the farmers and experts who know best – not liberal California activists – are heard.”
    “California’s Proposition 12, along with Massachusetts’ Question 3, are based on arbitrary, nonsensical standards and have resulted in a harmful patchwork of regulations across the 50 states,” said Senator Grassley. “They’re a threat to Iowa, which leads the nation in pork production, and to farmers and consumers across this country. Consistent with its authorities under the Commerce Clause, it’s time for Congress to solve this problem by passing legislation. Our bill will end California’s war on breakfast and make sure delicious Iowa pork can be sold everywhere.”
    Click HERE to read the full bill text.
    Background

    MIL OSI USA News –

  • MIL-OSI USA: Murray, Rosen Lead Colleagues in Demanding Trump Administration Reverse Course on Tariffs, Provide Relief for Small Businesses

    US Senate News:

    Source: United States Senator for Washington State Patty Murray

    ICYMI: Senator Murray Statement on Trump Tariffs that Will Hurt WA State Businesses, Agriculture & Economy, Raise Costs on Everyone

    ICYMI: Senator Murray, Commerce Director Nguyễn, WA Businesses and Agriculture Respond to Trump Tariffs Raising Costs on Americans, Tanking Economy

    Washington, D.C. — U.S. Senator Patty Murray (D-WA), Vice Chair of the Senate Appropriations Committee, joined Jacky Rosen (D-NV) and 11 of their Senate colleagues in a letter demanding that Secretary of Commerce Howard Lutnick and President Donald Trump immediately reverse course on the sweeping tariffs that are devastating small businesses in Washington state and across the nation. In the letter, the senators emphasized how these new taxes on imported goods are raising prices for hardworking Americans and creating additional challenges for small businesses at a time when high costs are already making it difficult for them to operate. 

    In addition to Senators Murray and Rosen, this letter was signed by Senators Chuck Schumer (D-NY), Kirsten Gillibrand (D-NY), Martin Heinrich (D-NM), Richard Blumenthal (D-CT), Peter Welch (D-VT), Jeff Merkley (D-OR), Mark Warner (D-VA), Andy Kim (D-NJ), Ben Ray Lujan (D-NM), Gary Peters (D-MI), and Maria Cantwell (D-WA).

    “At a time when our nation is experiencing an unprecedented affordability crisis, President Trump’s decision to impose sweeping tariffs on goods from virtually every country in the world will send a chill through small businesses across the country,” wrote the senators. “Given this, we urge you to work with the President to immediately reverse course on these broad-based tariffs to end the needless suffering this administration has imposed on small businesses across the country.”

    “With small businesses already being crushed under the weight of high costs and interest rates, we must do all we can to cut red tape and help them thrive – not create additional affordability challenges and uncertainty,” they continued. “To that end, we respectfully ask that you work with the President to reverse course on the 10 percent tariffs on all countries, as well as the exorbitantly high reciprocal tariffs placed on others. Failure to do so will raise costs, rob our small businesses of the certainty they rely on and undermine the economic security of small businesses across the country.”

    The full letter can be found HERE.

    Washington state has one of the most trade-dependent economies of any state in the country, with 40 percent of jobs tied to international commerce and approximately $60 billion in annual exports. Washington is the top U.S. producer of apples, blueberries, hops, pears, spearmint oil, and sweet cherries—all of which risk losing vital export markets due to retaliatory tariffs from key trading partners including Canada. Additionally, more than 12,000 small and medium-sized companies in Washington state export goods and will struggle to absorb the impact of retaliatory tariffs. Trump’s tariffs during his first term were extremely costly for Washington state—as one example, India imposed a 20 percent retaliatory tariff on U.S. apples, causing Washington apple shipments to India to fall by 99 percent and growers to lose hundreds of millions of dollars in exports.

    MIL OSI USA News –

  • MIL-OSI Australia: Changing customer service levels: a lesson in consumer law risks

    Source: Allens Insights (legal sector)

    Lessons from ACCC v Telstra 5 min read

    On 21 February 2025, the Federal Court of Australia (the Court) handed down its decision in Australian Competition and Consumer Commission v Telstra Limited [2025] FCA 93. The Court found Telstra misled nearly 9000 customers via its Belong broadband service by failing to inform them of a reduction to the maximum upload speed on their internet plans.

    The decision is a reminder that not informing customers about changes to a material feature of a product or service can be considered misleading or deceptive under the Australian Consumer Law (ACL), if the circumstances create a reasonable expectation that the service remains unchanged.

    In this Insight, we explore the decision and its implications for businesses in Australia.

    Key takeaways

    • Failure to notify customers about a material change to a product or service can amount to a false or misleading representation, or misleading or deceptive conduct under the ACL. This is especially the case where the product or service continues to be marketed, invoiced and administered in the same manner, creating a reasonable expectation amongst consumers that the product or service is the same in all material aspects as it has always been.
    • Businesses should be proactive in notifying customers in a timely manner of changes that impact the value or performance of their service to mitigate regulatory and reputational risks.

    ACCC allegations

    The Australian Competition and Consumer Commission (ACCC) alleged that Telstra, operating the Belong brand, contravened the ACL by changing the upload speed of its ‘Premium’ NBN plan from 40Mbps to 20Mbps in late 2020 without notifying affected customers.

    The ACCC’s case focussed on two classes of customers who purchased the ‘Premium’ plan prior to being migrated to a slower 20Mbps plan without being notified:

    • Cohort A, being 2785 customers who originally signed up to the ‘Premium’ plan when it was expressly advertised in published materials as including 40Mbps upload speeds. These customers were informed of the change retrospectively in 2021 and 2023; and
    • Cohort B, being 6112 customers who signed up for the ‘Premium’ plan after Belong had stopped specifying an upload speed in its published materials, referring only to the plan as ‘Premium’.

    For both cohorts, the ACCC alleged that Telstra engaged in misleading or deceptive conduct and made false or misleading representations to customers that the service they were receiving was the same as what they had originally signed up for, when it was not.

    Telstra admitted to having misled Cohort A customers but denied making any misleading representations to Cohort B customers.

    The Court’s findings

    The Court found that Telstra contravened the ACL by unilaterally migrating its customers to a different plan without notifying them. In respect of Cohort A customers, the Court found this conduct contravened sections 18, 29(1)(b) and 29(1)(g) of the ACL.

    In respect of Cohort B customers, the Court found this conduct contravened sections 18 and 29(1)(g) (false and misleading representations surrounding the performance characteristics of a good or service) but did not amount to a contravention of section 29(1)(b) (false and misleading representations surrounding the particular standard, quality, value or grade of a service).

    Cohort A customers

    In respect of Cohort A customers, the Court found that Telstra represented to consumers that the ‘Premium’ plan maintained the same upload speed capabilities after the migration as it did before. This representation arose because customers had a reasonable expectation that they would be notified of any detrimental changes to their service—an expectation created by Belong’s silence contextualised by the published assertions about the plan’s characteristics (including explicit references to the plan possessing maximum upload speeds of 40Mbps) and the ongoing administration of the service as if nothing had changed.

    In these circumstances, the Court held that on and from the date of the migration, and until Belong corrected the representations in 2021 and 2023, Telstra’s silence amounted to misleading or deceptive conduct for the purposes of section 18 of the ACL, and constituted a false and misleading statement regarding the standard of the service and the service’s performance characteristics, amounting to contraventions of sections 29(1)(b) and 29(1)(g) respectively.

    Cohort B customers

    In the case of Cohort B customers, Telstra denied it made any false or misleading representations to consumers. While Belong did not expressly state the maximum upload speed to these customers at the time of purchase, the ACCC alleged that Telstra nevertheless represented to consumers that their service was the same as it was at the time of purchase. This representation was said to be created by Telstra’s silence contextualised by Belong’s terms and conditions (which provided that Belong could migrate customers to alternative services provided ‘reasonable notice’ was given to customers) (Terms and Conditions Conduct), the continued marketing of the plan as a ‘Premium’ plan (Marketing Conduct), and the continued invoicing of the ‘Premium’ plan (Invoicing Conduct).

    The Court found that the upload speed was ‘sufficiently critical’ to the character of an NBN plan that customers would reasonably expect to be advised of a detrimental change to it. The Court also considered that Telstra’s silence combined with the Marketing Conduct and Invoicing conduct, created a representation that a consumer’s service had not changed in any material respect (including upload speed). It followed that, by failing to notify customers of their migration to plans with slower upload speeds, Telstra falsely represented to customers that their plans continued to have the same maximum upload speeds as they always had, when in fact they did not. In reaching this conclusion, the Court considered various combinations of Telstra’s Terms and Conditions Conduct, Marketing Conduct, Invoicing Conduct and silence to identify which combinations had the effect of creating a false representation.

    Ultimately, the Court found that Telstra engaged in misleading or deceptive conduct for the purposes of section 18 of the ACL, and made a false and misleading statement regarding the service’s performance characteristics in contravention of section 29(1)(g). Telstra was not found to have contravened section 29(1)(b), as Belong did not represent the particular standard of the service, only that the service continued to provide the same upload speeds as at the time of purchase.

    What this means for businesses in Australia

    This case highlights the critical importance of transparency and clear communication with consumers.

    Businesses must ensure that any changes to their service terms, especially changes that could be perceived as detrimental, are clearly and proactively communicated to customers. This is particularly the case where the change relates to a term which is material to the service, such that customers would reasonably expect to be notified of any change.

    MIL OSI News –

  • MIL-OSI USA: Cantwell Speaks on Trump’s Latest Tariff Announcement: “We’ve Seen America on a Rollercoaster”

    US Senate News:

    Source: United States Senator for Washington Maria Cantwell

    04.09.25

    Cantwell Speaks on Trump’s Latest Tariff Announcement: “We’ve Seen America on a Rollercoaster”

    Today, Trump announced he’d roll back some tariffs to 10% while spiking his tax on Chinese goods to 125%; 25% on steel, aluminum, autos & auto parts, & other goods from Canada & Mexico remain; On Thursday, Cantwell introduced a bipartisan bill that would reassert Congress’ role in setting & overseeing U.S. trade policy

    WASHINGTON, D.C. – Today, U.S. Senator Maria Cantwell (D-WA), senior member of the Senate Finance Committee and ranking member of the Senate Committee on Commerce, Science, and Transportation, spoke on the Senate floor in response to President Donald Trump’s latest announcement that he would issue a 90-day pause on some tariffs while simultaneously increasing tariffs on Chinese goods.

    “While we’ve seen America on a rollercoaster the last couple of days, I think it also is a reminder that we need to continue to play this oversight role,” Sen. Cantwell said. “The best way to do that is to make sure that Congress continues to play a role in this very important policy.”

    Yesterday, she pressed United States Trade Representative Jamieson Greer on the administration’s slapdash implementation of sweeping tariffs without input or accountability to Congress. Later that evening, she appeared on MSNBC’s All In With Chris Hayes to discuss the chaos wrought by this administration’s tariff policies: “The plan is not clear. The outcome that the President seeks is not clear,” she said.

    A video of her remarks on the floor tonight can be watched HERE; a transcript is HERE.

    Sen. Cantwell introduced a bipartisan bill on Thursday to reaffirm Congress’ key role in setting and approving U.S. trade policy, and reestablish limits on the president’s ability to impose unilateral tariffs.

    READ MORE: The Wall Street Journal: Senators Move to Rein In Trump’s Power on Tariffs

    HEAR MORE: NPR: Sen. Maria Cantwell says there is bipartisan support to rein Trump’s tariffs

    WATCH MORE: Forbes: ‘I Don’t Know What You Think’: Maria Cantwell Laces Into US Trade Rep Over Trump’s Tariffs

    The bill has since picked up 12 additional cosponsors – an equal mix of Republicans and Democrats – and been endorsed by multiple major U.S. business organizations, including the National Retail Federation, which is the largest retail trade association in the world.

    In addition, a bipartisan group has introduced a companion version of Sen. Cantwell’s legislation in the House of Representatives, also cosponsored by equal numbers of Republicans and Democrats.

    The bill restores Congress’ authority and responsibility over tariffs as outlined in Article I, Section 8 of the Constitution by placing the following limits on the president’s power to impose tariffs:

    • To enact a new tariff, the president must notify Congress of the imposition of (or increase in) the tariff within 48 hours.
      • The Congressional notification must include an explanation of the president’s reasoning for imposing or raising the tariff, and
      • Provide analysis of potential impact on American businesses and consumers.
    • Within 60 days, Congress must pass a joint resolution of approval on the new tariff, otherwise all new tariffs on imports expire after that deadline.
    • Under the bill, Congress has the ability to end tariffs at any time by passing a resolution of disapproval.
    • Anti-dumping and countervailing duties are excluded.

    The full bill text is available HERE.

    For the past three months, President Trump has been sowing economic chaos across the country with unpredictable and ever-changing tariff announcements. His back-and-forth announcements and actions, which have whipsawed American businesses and consumers, as well as close neighbors and allies, include:

    • On January 31 — citing punishment for failing to crack down on fentanyl trafficking — the Trump administration announced plans to impose a 25% tax on many goods imported into the U.S. from Canada and Mexico and a 10% tax on goods imported from China, then abruptly postponed those tariffs.
    • In February, he doubled down, announcing an additional 25% tax on all steel and aluminum imports.
    • At 12:01 a.m. ET on March 4, President Trump’s long-promised 25% tariffs on goods from Mexico and Canada and 10% tariff increase on goods from China took effect, causing stock prices in the United States to plummet.
    • Then, on March 5, he announced that automobiles from Canada and Mexico would be exempt from his tariffs for one month.
    • The morning of March 6, he announced that he would suspend the tariffs for some products from Mexico. Then, later that same afternoon, he announced he was suspending most new tariffs on products from both Mexico and Canada until April 2.
    • On March 11, Trump threatened to double tariffs on Canadian steel and aluminum – increasing them to 50% – before reversing himself later the same day.
    • On March 13, he threatened 200% tariffs on alcoholic products from the European Union, including all wine and Champagne.
    • On March 27, he announced plans to impose a 25% tax on all imported sedans, SUVs, crossovers, minivans, cargo vans, and light trucks, as well as some auto parts, beginning on April 2.
    • On March 29, President Trump said, “I couldn’t care less,” if automakers raise the price of cars in response to his tariffs.
    • On April 2, he announced a “National Economic Emergency,” and signed an executive order declaring a 10% minimum baseline tariff on all countries as well as additional tariffs on nearly 60 countries.
    • On April 7, he threatened to impose an additional 50% tariff on China.
    • On April 9, he announced a rollback of his April 2 tariffs down to the 10% baseline across the board, with the exception of China, which he increased to 125%.

    MIL OSI USA News –

  • MIL-OSI China: China adds 12 US entities to export control list

    Source: China State Council Information Office

    China has added 12 U.S. companies, including American Photonics and Novotech, Inc., to its export control list, the country’s commerce ministry announced on Wednesday.

    These companies have engaged in activities that may endanger China’s national security and interests, a spokesperson for the Ministry of Commerce said in a statement.

    Effective from 12:01 p.m. Thursday, the export of dual-use items to these 12 companies will be prohibited, while any ongoing related export activities must stop immediately, according to the Ministry of Commerce.

    The ministry added that in special cases where export is deemed necessary, the exporter must apply for approval.

    The decision was made in accordance with Chinese laws and regulations, the spokesperson said, stressing that no exporter will be allowed to violate these control measures. 

    MIL OSI China News –

  • MIL-OSI Australia: ACCC consults on Australia Post’s proposed stamp price increase

    Source: Australian Ministers for Regional Development

    The ACCC is seeking stakeholder feedback on its preliminary view to not object to Australia Post’s proposed stamp price increase of 13.3 per cent from mid–2025.

    Under the draft proposal submitted in November 2024, Australia Post intends to increase the prices for reserved ordinary letters delivered to the regular timetable from:

    Proposed prices for reserved ordinary letters delivered to the regular timetable.
    Letter type Current price Proposed price
    Ordinary small letter (BPR) $1.50 $1.70
    Ordinary large letter up to 125g $3.00 $3.40
    Ordinary large letter over 125g and under 250g $4.50 $5.10

    Australia Post is not proposing to increase the price of concession stamps ($3 for five) or stamps for seasonal greeting cards (65 cents).

    After assessing the draft price notification in line with its role, the ACCC has found that Australia Post is unlikely to recover revenue in excess of its costs for its reserved postal services.

    “Our preliminary assessment found that Australia Post’s proposed price increase is unlikely to produce surplus revenue for the reserved letter service over the coming years,” ACCC Commissioner Dr Philip Williams said.

    Australia Post’s letter services – including its reserved services – have incurred significant losses in recent years, which Australia Post attributes primarily to the ongoing reduction in letter volumes combined with an increase in delivery points.

    Currently, Australia Post only delivers around two letters to each household per week and expects reserved letter volumes to continue to decrease by around 10.6 per cent annually until 2027–28. At the same time, the number of delivery addresses serviced by Australia Post continues to grow, which adds to the financial pressure on the letter service.

    “The ubiquity of digital communication options has impacted the commercial viability of letter delivery globally,” Dr Williams said.

    “At the same time, Australia Post remains an essential national service – especially for vulnerable members of the community and those in regional and remote parts of the country.”

    For the average Australian household, which sends around six letters per year, the proposed basic postage increase to $1.70 would result in an additional annual cost of approximately $1.20. However, the ACCC recognises that the proposed price rise would be the third such increase within four financial years, from a basic postage rate of $1.10 at the start of 2022–23.

    In forming its preliminary view, the ACCC carefully considered the feedback presented by stakeholders during a consultation process in late–2024. While the ACCC acknowledges public opposition to the proposed increase, it has applied a cost-based approach in its analysis within the confines of its regulatory role.

    “Our assessment seeks to balance the needs of consumers who rely on mail with the financial sustainability of the letter service, and we’re very conscious that further stamp price increases may present affordability challenges for some consumers and small businesses,” Mr Williams said.

    Following feedback from mail users, the ACCC recommends Australia Post increase the annual cap on the number of concessional stamps available to eligible concession card holders as a way to lessen the impacts of the proposed price rise for these customers.

    The ACCC also acknowledges that the proposed price increases may have a disproportionate impact on businesses and organisations sending large volumes of mail as part of their operations – particularly those which are subject to legal obligations to send correspondence by post.

    “For those businesses which are heavily reliant on the postal service or are unable to change to electronic alternatives, we consider Australia Post should explore ways to make letter sending more affordable in addition to the existing bulk rates on offer,” Dr Williams said.

    In March 2024, the ACCC made several recommendations to Australia Post regarding changes to its financial modelling and forecasting as well as improvements to its cost allocation model ahead of future price notification processes. Australia Post has addressed a number of the ACCC’s recommendations, including the commissioning of an expenditure review by Frontier Economics into the efficiency of Australia Post’s costs.

    “While Australia Post has made progress on the recommendations, further work is needed to support any future ACCC pricing assessments,” Dr Williams said.

    “We also consider that Australia Post needs to be more transparent with the public about its implementation of such recommendations.”

    The ACCC invites submissions in response to its preliminary view paper by 5pm Monday 12 May 2025. Submissions received will be considered by the ACCC in making its final decision.

    The ACCC will issue a final decision after receiving a formal price notification from Australia Post.

    Australia Post must also notify the Minister for Communications of the proposed price increase and must not increase prices if the Minister rejects the proposal within 30 days.

    Background

    Australia Post’s proposed price change was outlined in a draft price notification provided to the ACCC in November 2024.

    Under the Competition and Consumer Act, the ACCC is responsible for assessing proposed price increases by Australia Post for its reserved ordinary letter services delivered to the regular timetable. The ACCC must consider Australia Post’s proposed price increases of these services and may decide to:

    • not object to the price increase
    • not object to a price that is less than that proposed, or
    • object to the price increase.

    The ACCC does not have the role of approving any proposed price increase under the Australia Post price notification framework. Only the Minister for Communications has the power to reject a price increase proposed by Australia Post.

    Australia Post’s reserved ordinary letter services are services that Australia Post has a statutory monopoly over and are declared as ‘notified services’ for the purposes of Part VIIA of the Competition and Consumer Act. The current declaration for Australia Post’s notified services is due to expire on 30 September 2025 unless extended.

    MIL OSI News –

  • MIL-OSI USA: LEADER JEFFRIES: “REPUBLICANS ARE SETTING IN MOTION THE LARGEST MEDICAID CUT IN AMERICAN HISTORY”

    Source: United States House of Representatives – Congressman Hakeem Jeffries (8th District of New York)

    Washington, DC – Today, Democratic Leader Hakeem Jeffries spoke on the House Floor in opposition to the reckless Republican budget which would enact the largest Medicaid cut in American history and raise cuts on hardworking American taxpayers. 

    Leader Jeffries: Thank you, Mr. Speaker. Let me also thank the distinguished gentleman from the Commonwealth of Pennsylvania, Representative Boyle who’s doing a tremendous job leading House Democrats on the Budget Committee.

    Mr. Speaker, yesterday, I urged you to join me on the House Floor to debate this reckless budget one-on-one, so we would have an opportunity to fully air—in a transparent way—before the American people, Democratic values and Republican values, the Democratic perspective on this budget and the Republican perspective. I’m on the House floor right now. We’re ready to debate, one-on-one, prepared to yield to you for a colloquy at any time, so we can discuss the Democratic vision for building an affordable economy, that lowers costs and makes life better for the American people and the Republican budget proposal that would enact the largest Medicaid cut in American history in order to pass massive tax breaks for your billionaire donors like Elon Musk. Mr. Speaker, I’m ready to yield. I’m ready to debate one-on-one on this House Floor. And I promise not to rebuke you in the name of Jesus.

    Here in America, we were told—we were told by Donald Trump and House Republicans that you were going to lower the high cost of living for everyday Americans. In fact, we were told that you were going to do it on day one, and it hasn’t happened. President Trump and House Republicans told us that you were going to deliver the golden age of America. But over the last several months, we haven’t witnessed the golden age of America. We’ve witnessed a rotten age. You are crashing the economy in real time, driving us toward a Republican recession that’s going to hurt children, hurt families, hurt seniors, hurt everyday Americans, hurt veterans and hurt people across the land.

    You haven’t done anything to address the high cost of living. As Democrats, we recognize that America is too expensive. The cost of living in this great country is far too high. Housing costs are too high. Grocery costs are too high, insurance costs are too high, utility costs are too high and childcare costs are too high. America is too expensive. We should be working to lower the high cost of living. Far too many people in this country can’t get ahead, and they can barely get by, struggling to make ends meet, living paycheck to paycheck. We should be acting decisively to address the high cost of living. President Trump promised costs would go down on day one. Costs aren’t going down, they’re going up. Inflation is going up. Consumer confidence is coming down. And these reckless policies, including the Trump tariffs, are driving us toward a recession. And on top of it all, you are presenting a budget that’s going to make things worse.

    So we stand here today in strong opposition to this reckless Republican budget. It’s a cruel budget. It’s a budget that will have catastrophic consequences on everyday Americans. It’s an assault on the economy, it’s an assault on Medicaid, an assault on health care, an assault on nutritional assistance to children and families, it’s an assault on older Americans, an assault on hospitals and nursing homes and Community Health Centers, it’s an assault on veterans, which is why we reject it, because we’re going to stand on the side of the American people.

    Now, there are so many different problems with this budget resolution, but let’s begin with the fact that Republicans are setting in motion the largest Medicaid cut in American history. That’s going to hurt people all across this country, in small-town America, in urban America, in rural America, in the heartland of America, in Appalachia. All across this country, people will be hurt. Health care will be taken away from children, pregnant women, everyday Americans with disabilities, older Americans, people in nursing homes, people who are receiving long-term care. Nursing homes will close. That will impact everybody in a given community. Hospitals will shut down in rural America, in small-town America, all across America. The largest Medicaid cut in American history. It’s completely and totally unacceptable.

    At the same period of time, targeting nutritional assistance for children, infants, women, families, veterans, older Americans—literally taking food out of the mouths of babies in the United States of America, the wealthiest country in the history of the world. This is why we say it’s a cruel budget. It’s a callous budget. It’s a budget that will have catastrophic consequences. Veterans will be hurt—people who have served this country admirably. They stood up for us. We should always stand up for them, not target them, as will be the case in this reckless Republican budget.

    And so, we’re here to make it clear. Hands off Medicaid. Hands off the health care of the United States of America. Hands off nutritional assistance. Hands off veterans. Hands off everyday Americans struggling to make ends meet. Republicans do nothing to lower the high cost of living. In fact, you’re making the affordability crisis in America worse, not better, then you target earned benefits and things that are important to the American people, like Medicaid, to visit upon it such an extreme cut. And what are you doing it for? What is it in service of? All to pass massive tax breaks for your billionaire donors like Elon Musk. The president himself has made that clear. At the end of the day, that’s what this is all about. How extraordinary is that? As Democrats, we support tax cuts for everyday Americans, tax cuts for small businesses, tax cuts for family farmers, tax cuts for those who need relief, not tax cuts for the wealthy, the well-off and the well-connected. And so, we stand in strong opposition to this GOP tax scam.

    The reason why, Mr. Speaker, I’ve said, let’s debate this on the House Floor, directly, through a colloquy, transparently, to make it clear to the American people where we stand and where Republicans stand at such a fragile moment with so many people in this country struggling to make ends meet. And so, as House Democrats, we’re going to continue to stand on the side of the American people. We’re going to stand on the side of our children, of our families, of our veterans, of older Americans, of everyone aspiring to achieve the American dream. Stand up in defense of Medicaid, stand up in defense of veterans benefits, stand up in defense of nutritional assistance, stand up in defense of economic opportunity and a fair tax code that is designed to build an economy that actually works for everyday Americans, as opposed to an economy of the billionaires, by the billionaires and for the billionaires. That is why we strongly oppose this reckless Republican budget resolution and we will not rest until we bury it in the ground, never to rise again. I yield back.

    Full speech can be watched here.

    ###

    MIL OSI USA News –

  • MIL-OSI USA: Beyer Eviscerates Trump Tariff Policy In Hearing With U.S. Trade Representative

    Source: United States House of Representatives – Representative Don Beyer (D-VA)

    Congressman Don Beyer (D-VA) today ripped the “logic” of President Trump’s insane tariff regime to shreds today during a House Ways and Means Committee hearing on Trump’s trade policy with U.S. Trade Representative Jamieson Greer.

    During the course of his testimony, Greer repeatedly advocated for increased tariffs on top U.S. trading partners – tariffs Trump abruptly paused during the hearing. Greer, who ostensibly serves as Trump’s top adviser on trade policy, obliviously continued to defend the paused tariffs to members of the Committee for some time until he was informed of the sudden change.

    Video of Beyer’s exchange can be viewed here. Some of his comments to Ambassador Greer: 

    “Ambassador Greer, you have a most awful job: to try to convince us and the people we represent that the President’s trade policies are wise and measured when the truth is they are stupid and bad.”
    …
    “I want to quickly run through a few of the ways the logic behind the Trump tariffs makes no sense. You got the math wrong, according to the people whose research you cited. Mr. Chairman, I ask unanimous consent to enter into the record a New York Times article by former Treasury official Brent Neiman titled, ‘The Trump White House Cited My Research to Justify Tariffs. It Got It All Wrong.’ This math error had the effect of quadrupling the tariffs Trump applied to some of our biggest trading partners.

    “Trump exempted some goods – notably oil – but not others, including things we simply cannot produce in the United States. Why tariff bananas? Why tariff cocoa? Why tariff coffee? We don’t have the capacity to produce these things at a scale that meets domestic demand.

    “Trump logic equates any trade deficit with ‘cheating,’ in fact he called it ‘rape.’ But even this stupid logic didn’t help Australia or Brazil or Singapore, all countries with whom we have a trade surplus. How does Australia negotiate an end to a trade deficit that doesn’t exist?

    “Some countries have a deficit because we import things we want but they are too poor to afford our exports. A perfect example is Madagascar. We buy something like 60 percent of our vanilla from Madagascar, but they have one of the lowest GDP-per-capita rates in the world, and they just can’t afford many of our products. We just hit them with a 47% tariff.

    Trump is hinting that maybe if countries lower tariffs on us he might drop tariffs on them, a little bit or some or possibly. But Vietnam, knowing that Trump was coming, massively cut their tariffs on the U.S. to appease him ahead of his announcement last week. Instead you slapped a 46% tariff on them anyway. So what are the Vietnamese supposed to do?

    “Trump declared a phony national emergency and imposed tariffs on Canada to punish our closest ally for ‘fentanyl smuggling,’ despite the fact that our own government says the amount of smuggling at the northern border is vanishingly small, less than one percent. How does Canada get out of tariffs imposed for something we admit they’re not doing?

    “Trump is risking our economy to bring back factory jobs that pay far less than the 8 million jobs listed in the JOLTS report right now, 8 million jobs available in America, that pay far more in fast-growing like health care, clean energy, or data science.

    “The Secretary of Commerce, Howard Lutnick, is on television raving about shifting millions of Americans to work on, and I quote, “screwing in little screws to make iPhones.”

    “You guys are blasting nearly every product from nearly every country with these tariffs, Senator Tillis yesterday called it ‘a trade war on all fronts.’ It hurts our alliances, it is hurting our economy, it hurts our ability to make and keep free trade agreements – which is supposedly your job.”

    MIL OSI USA News –

  • MIL-OSI USA: Amo Shares Rhode Islander’s Story to Defend Medicaid from Planned Republican Cuts

    Source: US Congressman Gabe Amo (Rhode Island 1st District)

    Al of East Providence shared his fears at Amo’s town hall last week about the possible impact of Republican’s budget plans

    WASHINGTON, DC – Today, Congressman Gabe Amo (RI-01), a member of the House Budget Committee, once again slammed the latest Republican budget resolution, which threatens devastating cuts to critical programs. In his remarks, Amo spoke about the story of Al, a 74-year-old resident of East Providence who relies on Medicaid and Medicare to make ends meet.

    “Despite the overwhelming majority crying out for everyday Americans over the whims of billionaires, clearly Republicans don’t care about the facts or figures. So maybe they’ll listen to my constituent Al,” said Congressman Gabe Amo, a member of the House Committee on Budget, on the House Floor. “Al is a 74-year-old resident of an assisted living facility in East Providence. He is petrified that Republican cuts will force him on the street. Al needs Medicare and Medicaid to make ends meet. Even with assistance, he lives on $120 a month — $30 a week. It’s not fear mongering to say Republican plans would hurt Al.”

    Watch Congressman Amo’s remarks HERE

    BACKGROUND
    Congressman Amo serves on the House Committee on the Budget to fight for budget priorities that reflect Rhode Island values and the needs of working families across the country. The committee is also the first step in the reconciliation process the Republican House majority is using to push the Trump Tax Scam 2.0 — a plan that could cut key programs like SNAP and Medicaid.

    On February 25, 2025, Congressman Amo took to the House Floor to slam the Republican budget resolution that threatens devastating cuts to critical programs.

    On February 24, 2025, Congressman Amo submitted two amendments to the House Committee on Rules to protect SNAP and affirm that Medicaid is a critical program for more than 306,000 Rhode Island residents.

    On February 19, 2025, Congressman Amo visited the Barrington Peck Center for Adult Enrichment where he spoke about his support for critical programs like Medicare and Medicaid. There, Congressman Amo discussed his work on the Budget Committee to protect these programs from Republican cuts.

    On February 20, 2025,Congressman Gabe Amo joined Dean Ashish Jha of Brown University’s School of Public Health to reaffirm his support for funding health care facilities that provide comprehensive primary care to medically underserved communities, as well as his work to protect critical funding for medical research and public health programs under threat due to cuts by the Trump administration.

    During the House Budget Committee markup on February 13, 2025, Congressman Amo offered two amendments to support protecting and extending Medicare’s solvency as well as protect SNAP, the Community Eligibility Provision, the School Breakfast Program, and the National School Lunch Program.

    The Republican budget resolution directs specific committees to achieve spending cuts or increases. Republicans leaked menu of options includes:

    • At least $880 billion in cuts for the Energy and Commerce Committee, which could target Medicaid, Affordable Care Act (ACA) premium assistance, and repeal Inflation Reduction Act policies.
    • At least $330 billion in cuts for the Education and Workforce Committee, which could target student loan programs, income driven repayment, and Pell grants, Head Start, and the Low-Income Home Energy Assistance Program.
    • At least $230 billion in cuts for the Agriculture Committee, which could target SNAP.
    • At least $50 billion in cuts for the Oversight Committee, which could target government employee retirement benefits and changes to federal workforce.
    • At least $10 billion in cuts for the Transportation and Infrastructure Committee, which could target restricting Infrastructure Investment and Jobs Act funding, Essential Air Service, increasing the “tonnage tax” on cargo, and raiding the Oil Spill Liability Trust Fund.
    • At least $1 billion in cuts for the Financial Services Committee, which could target the Consumer Financial Protection Bureau and funding for financial regulators.
    • At least $1 billion in cuts for the Natural Resources Committee, which could include expanded oil and gas leasing and the repeal of Inflation Reduction Act policies. 
    • Up to $4.5 trillion in new spending for the Ways and Means Committee, which could include tax cuts for the top one percent, repeal of Inflation Reduction Act policies, cuts to Temporary Assistance to Needy Families and Social Services Block Grant, cuts in Medicare payments to providers, and cuts to ACA premium assistance.

    ###

    MIL OSI USA News –

  • MIL-OSI USA: Cortez Masto Demands Trump Administration Provide Plan to Address Impact of Trump Tariffs, Other Executive Action on Tourism

    US Senate News:

    Source: United States Senator for Nevada Cortez Masto

    Washington, D.C. – U.S. Senator Catherine Cortez Masto (D-Nev.) sent a letter to U.S. Department of Commerce Secretary Howard Lutnik, U.S. Department of Treasury Secretary Scott Bessent, U.S. Department of Transportation (DOT) Secretary Sean Duffy, U.S. Department of Homeland Security (DHS) Secretary Kristi Noem, National Economic Council (NEC) Director Dr. Kevin Hassett, and Ambassador Jamieson Greer (USTR) demanding they provide their plan to mitigate the economic stress caused by the implementation of President Donald Trump’s tariffs and other executive actions. The Senator especially expressed concern about these efforts and their harms to the Nevada, and broader U.S., travel and tourism industry.

    Nevada is one of the top five states most visited by international travelers, and the industry makes up nearly 16 percent of the state’s economy, generating $23.6 billion in total income. As of 2024, more than 300,000 Nevadans are employed by our tourism industry, including more than 60,000 union members.

    “Among the Trump Administration’s unclear executive orders, actual and threatened executive actions, and the work of the Department of Government Efficiency (DOGE), there has been no transparency about the negative impacts these actions will have on the United States,” wrote the Senator. “These efforts have resulted in damaging trade policies, frozen federal funding, a gutted federal workforce, and have extended Presidential authority beyond legal limits, all creating real consequences for working families, small businesses, and industries. I cannot stress enough the need for the Trump Administration to seriously consider the devastating impacts your actions are having on our nation’s tourism economy.”

    Cortez Masto listed a handful of policies that are having a detrimental impact on the tourism industry, including:

    • the threats and application of tariffs to nations including America’s allies;
    • the increasingly aggressive – and questionably legal – procedures being utilized by U.S. Customs and Border Protection;
    • the freezing or eliminating of federal funding supporting transportation infrastructure, National Parks, and cultural sites;
    • and the firing of employees across the federal government.

    “Because of the lack of transparency regarding the negative impacts of the Trump Administration’s actions, I am writing to underscore a concern about these efforts and their harm on our nation’s travel and tourism sector, request information on how you are mitigating the economic stress, and offer solutions,” continued the Senator. “It is a fact that the travel industry is seeing a noticeable decrease in room bookings, business travel, and recreational visits from both domestic and international travel. This sector is fundamental to my home state of Nevada and its hundreds of thousands of hardworking men and women who work in events, entertainment, and hospitality.”

    The travel and tourism industry represents 2.5 percent of the national Gross Domestic Product and supports over 15 million American jobs. Travel experts estimate the number of people arriving to the U.S. from abroad to decline by 9.4% in 2025 and travel spending to fall 12.3%, resulting in a $22 billion annual loss nationally. The domestic travel industry has seen devastating impacts as well – in February, U.S. consumer spending on air travel dropped 10 percent and spending on hotels dropped 6 percent relative to a year ago.

    Read the full letter here.

    Senator Cortez Masto has continued to push the Trump Administration to address the impacts of Trump’s tariffs on working families. Earlier today, during a Senate Finance Committee hearing, Cortez Masto pressed U.S. Trade Representative Jamieson Greer about the impacts of President Trump’s blanket tariffs on Nevadans, particularly those employed in the tourism and hospitality industry. Earlier this month, the Senator introduced the Tariff Transparency Act to require the U.S. International Trade Commission to investigate how Donald Trump’s recent tariffs on imports from Mexico and Canada will impact the American people and make that information public. Senator Cortez Masto also wrote a letter to Secretary of Defense Hegseth and Secretary of Treasury Bessent demanding answers on the national security impacts on President Donald Trump’s tariffs on Canadian goods.

    MIL OSI USA News –

  • MIL-OSI USA: Delegation Welcomes $25 Million FAA Investment in Alaska Aviation Safety

    US Senate News:

    Source: United States Senator for Alaska Dan Sullivan

    04.09.25

    WASHINGTON—U.S. Senators Dan Sullivan and Lisa Murkowski, and Congressman Nick Begich (all R-Alaska) today welcomed a $25 million investment in Alaska aviation safety by the Federal Aviation Administration (FAA) as part of the FAA’s Don Young Alaska Aviation Safety Initiative (DYAASI). This investment is a result of a Sullivan provision in the FAA Reauthorization Act of 2024 authorizing $25 million annually for DYAASI from FY 2025 through 2028. The initiative was established by the FAA in response to a 2020 National Transportation Safety Board (NTSB) report on Alaska’s high rates of aviation accidents and fatalities, and focuses on prioritizing funding for the most safety critical systems.

    Additionally, in accordance with the requirements of the FAA legislation, the FAA recently announced it will be expanding the FAA’s use of satellites in Alaska—growing from four testing sites to 16—to help support connectivity at weather monitoring sites, particularly in the more remote parts of the state.

    “In Alaska, aviation is absolutely essential. Yet many of our rural communities either have poorly maintained safety and telecommunications infrastructure, or lack it altogether, leaving them without vital weather data,” said Sen. Sullivan. “This amplifies the risks in a state that already has unacceptably high rates of aviation accidents and fatalities. As a member of the Commerce Committee overseeing the FAA, I worked hard to secure many provisions in the recent FAA reauthorization requiring the agency to focus on and robustly invest in Alaska aviation safety. That work is paying off today with this significant down payment on new technologies and updates to the vital systems we need to make flying in Alaska safer and more reliable. In the absence of Congress executing a full year’s appropriations bill, this is an example of how long-term strategy and working with the administration can produce positive, sustainable results. I very much appreciate Transportation Secretary Sean Duffy and FAA Acting Administrator Chris Rocheleau for recognizing the unique challenges our state faces and for their strong commitment to Alaska.”

    “Don Young spent his 49-year career fighting to make aviation safer for Alaskans – and we continue to build on that legacy,” said Sen. Murkowski. “Last summer, I convened a summit of government agencies and companies responsible for maintaining the Automated Surface Observing Systems (ASOS) in Yakutat to collaborate on better practices to reduce flight delays and bolster safety for travelers. The $25 million that I fought to include in appropriations for the Don Young Alaska Aviation Safety Initiative will pave the way for significant progress towards that goal by investing in critical upgrades to our aviation weather reporting systems. I commend the FAA for following through on this objective and partnering with the delegation to make this investment a reality, and I appreciate that Secretary Duffy has made this an early priority. Our state has an all-too tragic history of fatal air crashes, and I’m committed to doing everything in my power to ensure that we are able to confidently, and safely, take off and land at any airport in Alaska. This announcement today helps make aviation safer for all.”

    “Alaska must be the gold standard in aviation safety. It is critically important to ensure that every flight is backed by the technology, data, and the resources needed to make aviation safer in Alaska and throughout our nation. That is what we owe the people of Alaska,” said Congressman Begich. “This $25 million investment through the Don Young Alaska Aviation Safety Initiative is an important step toward modernizing the infrastructure that so many Alaskans rely on every day, and I commend the FAA for their continued efforts to make aviation safety a priority for Alaska. As a member of the House Aviation Subcommittee, I will continue to work with President Trump and Secretary Duffy on the Administration’s broader vision to modernize our national airspace system.”

    Background on DYAASI

    A February 2020 NTSB report identified a recent 10-year period during which the total accident rate in Alaska was 2.35 times higher than the rest of the United States. During the same period, the fatal accident rate in Alaska was 1.34 times higher. One critical aspect of safety, as referenced in the 2020 report, is access to reliable weather data.

    The FAA’s DYAASI is an effort to respond to the February 2020 NTSB report and the Alaska Aviation Safety Summit. DYAASI identifies safety improvements and investments for the Alaska Region, and aims to make progress on the effort and for the FAA and Department of Transportation (DOT) to take a holistic view of DOT programs. This effort was codified and strengthened in the 2024 FAA reauthorization.

    MIL OSI USA News –

  • MIL-OSI USA: Cornyn Introduces Bill to Strengthen Taxpayer Protections Against IRS Abuses

    US Senate News:

    Source: United States Senator for Texas John Cornyn

    WASHINGTON – U.S. Senator John Cornyn (R-TX) today introduced the Small Business Taxpayer Bill of Rights Act, which would strengthen taxpayer protections against improper targeting and abuse by the Internal Revenue Service (IRS):

    “Each year, Tax Day reminds us that small business owners must spend thousands of hours conforming to IRS requirements instead of boosting the economy and creating jobs,” said Sen. Cornyn. “This bill lowers the compliance burden, strengthens taxpayer protections, and ensures small businesses are not targeted for additional scrutiny based on their politics.”

    U.S. Congressman David Kustoff (TN-08) introduced companion legislation in the House of Representatives.

    Background:

    The Small Business Taxpayer Bill of Rights Act would strengthen taxpayer protections by:

    • Prohibiting secret conversations between IRS employees and the IRS Independent Office of Appeals when discussing a taxpayer’s case and makes a violation of this prohibition a fireable offense;
    • Prohibiting the IRS Independent Office of Appeals from raising new issues or theories during a conference with taxpayers and the IRS, ensuring Appeals will be a neutral party;
    • Requiring taxpayers’ consent before allowing IRS Counsel or compliance officials to participate in Appeals conference;
    • Increasing the penalty on rogue IRS agents who commit extortion, fraud, or bribery;
    • And adding additional protection against unnecessary lien foreclosures on a taxpayer’s home.

    The legislation would protect taxpayers from improper IRS targeting by:

    • Making it a fireable offense for the development or use by an IRS employee of any methodology that applies disproportionate scrutiny to any applicant who is applying for tax-exempt status based on the ideology expressed in the name or purpose of the organization;
    • Requiring the Inspector General to review and consult with the IRS on any criteria it uses to select tax returns for audit, assessment, or any heightened scrutiny or review, to ensure that the criteria does not discriminate against taxpayers on the basis of race, religion, or political ideology;
    • And requiring the IRS Commissioner to fire any IRS employee who violates taxpayers’ Constitutional rights, including their First Amendment rights.

    The legislation would compensate taxpayers for IRS abuses by: 

    • Allowing more small businesses to petition for attorney’s fees when a court determines the IRS’s legal actions are not substantially justified;
    • Increasing the amount of civil damages and providing more time that small businesses can be awarded when the IRS recklessly or intentionally disregards the law or its own regulations;   
    • Increasing the amount of civil damages a taxpayer can be awarded when their tax return information is unlawfully disclosed by the IRS;
    • And compensating individuals for burdensome “No Change” National Research Program (NPP) audits.

    Lastly, the legislation would lower the compliance burden for taxpayers by:

    • Creating a new alternative dispute resolution procedure program that would allow taxpayers to request mediation by an independent, neutral party not employed by the IRS, allowing for a speedier and less costly resolution of audits;
    • Giving small businesses the opportunity to become compliant without going out of business or firing workers because of the economic hardship faced by paying a harsh levy;
    • And improving taxpayer access to the Offer-in-Compromise program by repealing partial payment requirement.

    MIL OSI USA News –

  • MIL-OSI China: China takes firm countermeasures against US tariff bullying

    Source: China State Council Information Office 2

    China has taken swift, firm countermeasures following the latest U.S. tariff hike on Chinese imports, in a move to safeguard its legitimate rights and interests.
    The Chinese government on Wednesday announced that it will raise additional tariffs on products imported from the United States to 84 percent, add six U.S. firms to its unreliable entity list, and place 12 U.S. entities on its export control list.
    These steps — all in effect from 12:01 p.m. Thursday — came after the country pledged to take countermeasures with “firm will” and “abundant means” following the United States’ decision to raise its so-called reciprocal tariffs on Chinese imports from 34 percent to 84 percent.
    China has also filed a case against the United States with the World Trade Organization’s dispute settlement mechanism over the latest tariff hike.
    China’s State Council Information Office on Wednesday released a white paper to clarify the facts about China-U.S. economic and trade relations, and to elaborate on China’s position on relevant issues.
    China-U.S. economic and trade relations are mutually beneficial and win-win in nature, and cooperation benefits the two sides while confrontation harms both, the white paper said.
    Recently, the United States has launched several rounds of tariff hikes on Chinese imports, and China has responded to these protectionist moves with forceful countermeasures.
    “I want to emphasize that there is no winner in a trade war, and that China does not want a trade war. But the Chinese government will by no means sit by when the legitimate rights and interests of its people are being hurt and deprived,” an official of China’s Ministry of Commerce said in a statement on Wednesday.
    The official said that the United States’ use of tariffs as a weapon to exert maximum pressure and pursue its self-interests is a typical act of unilateralism, protectionism and economic bullying.
    Under the guise of pursuing “reciprocity” and “fairness,” the United States is engaging in zero-sum games and, in essence, seeking “America First” and “American exceptionalism,” the official said.
    China is willing to communicate with the U.S. side on key bilateral economic and trade issues, address their respective concerns through dialogue and consultations on an equal footing, and jointly advance the steady, healthy and sustainable development of China-U.S. economic and trade relations, the official noted.
    “If the United States really seeks to resolve the issue through dialogue and negotiation, it should demonstrate an attitude of equality, respect and reciprocity,” Chinese foreign ministry spokesperson Lin Jian told a daily news briefing on Wednesday.
    “If the United States is bent on waging a tariff war or trade war, China is ready to fight to the end,” Lin said, noting that China has the capability and confidence to cope with various risks and challenges. 

    MIL OSI China News –