WASHINGTON – Amid rising tensions with China, the Biden administration is forging closer economic ties with Taiwan in areas including trade, supply chain and technology-export controls.
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 those driven by state-owned enterprises, an issue representing Washington’s major complaint about China’s trade policy.