Taiwan’s Foreign Minister has called on the U.S. to start bilateral, free trade negotiations. While that would fit with Trump administration policy both on trade and towards Taiwan there appear to have been few significant moves since a March directive from the President. That may be linked to ongoing, fractious negotiations with China. The U.S. accounted for 12% of Taiwan’s exports in the 12 months to August 31 after an 8% expansion in the past year. Yet, Taiwan’s trade surplus of $17 billion vs. the U.S. will win it few friends in the Trump administration. Easy wins from a merchandise-...
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