The decision that Taiwan’s voters reach in the December referendum on whether to reverse President Tsai Ing-wen’s decision to allow importation of U.S. pork containing ractopamine could have significant strategic reverberations.
Forty-two United States senators across party-lines have urged US Trade Representative Katherine Tai to lay the groundwork for negotiating a free trade agreement with Taiwan.
Taiwan's chief trade negotiator John Deng said on Wednesday he told the United States he hopes the two can sign a free trade agreement, a deal which would be a strong show of U.S. support in the face of relentless Chinese pressure against the island.
Trade negotiations between Taiwan and the United States under the Trade and Investment Framework Agreement (TIFA) mechanism will resume on June 30 after a four-year hiatus, according to the American Institute in Taiwan (AIT).
The administration of US President Joe Biden has continued its ongoing efforts to increase bilateral ties with Taiwan with the announcement about the return of US-Taiwan Trade and Investment Framework Agreement (TIFA) talks.
EU lawmakers are fed up with the European Commission’s reluctance to start an investment deal with Taiwan, while U.S. President Joe Biden has his sights set on trade talks with Taipei.
Taiwan’s CPTPP entry would not be a minor development that Tokyo can skate past China. Beijing has actively worked to ensure that Taiwan remains outside regional and global multilateral setups and agreements.