US launches initiative to boost economic ties with Taiwan

WASHINGTON – The Biden administration is building close economic ties with Taiwan in areas including trade, supply chain and technology-export controls. escalating tension with china,

The US Trade Representative’s Office on Wednesday unveiled a new agreement with Taipei to boost bilateral trade in areas such as digital trade, clean energy and labor rights. The two partners will also collaborate to address non-market practices and policies, including an issue driven by state-owned enterprises. Washington’s major complaint about China’s trade policy,