China Plans Job Support Measures Amid U.S. Trade Tensions

Amid escalating trade tensions and reciprocal tariffs between the U.S. and China, both China and Taiwan have announced new measures to stabilize employment and support affected industries. In China, senior officials outlined plans to provide financial support to exporters, promote entrepreneurship, expand vocational training, and offer subsidies to companies hiring recent graduates, all aimed at addressing job losses caused by increased tariffs and production slowdowns. The government emphasized labor market stability due to its link with social stability and highlighted the significance of the 16 million jobs tied to U.S. exports. Taiwan’s Ministry of Labor similarly plans to expand employment stabilization measures, including wage subsidies for workers in industries impacted by U.S. tariffs, particularly those with a record of exporting to the U.S. Both governments are coordinating interdepartmental efforts to protect workers facing reduced hours or unpaid leave and to mitigate rising unemployment risks. These responses reflect a broader shift in policy focus to safeguarding jobs and maintaining economic stability in the face of mounting trade barriers.