USTR Meets With Taiwan Official on Deepening Trade Relationship
A few days after the majority of senators said they want Taiwan to be included in the Indo-Pacific Economic Framework (see 2205180034), U.S. Trade Representative Katherine Tai issued a readout of a May 20 meeting with a top Taiwanese official that made no mention of IPEF. Tai said she met with Taiwan’s Minister-Without-Portfolio John Deng, and said that they discussed "opportunities to deepen the economic relationship, advance mutual trade priorities based on shared values, and promote innovation and inclusive economic growth for their workers and businesses." It said they also discussed how Taiwan and the U.S. both want to fight forced labor, and how important supply chain traceability is.
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"Ambassador Tai and Minister Deng directed their teams to explore concrete ways to deepen the U.S.-Taiwan trade and investment relationship and to meet again in the coming weeks to discuss the path forward," the readout said.
Rep. Scott McCaul, chairman of a Republican-designated China task force, issued a statement May 20th that Taiwan is a high-standards free-market economy. "The administration should include Taiwan in its Indo-Pacific Economic Framework and pursue bilateral trade negotiations, which Taiwan has been ready to begin for years,” he said.
Taiwan did not issue a readout May 20, but did thank senators for asking that Taiwan be included in the IPEF.