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What is US relationship with Taiwan?
The United States and Taiwan enjoy a robust unofficial relationship and close cooperation on a wide range of issues. Maintaining strong, unofficial relations with Taiwan is a major U.S. goal, in line with the U.S. desire to further peace and stability in Asia.
Does the US trade with Taiwan?
U.S.-Taiwan Trade In 2020, the United States and Taiwan transacted $106.2 billion of trade in goods and services, composed of $39.4 billion in exports and $66.7 billion in imports, resulting in a goods and services trade deficit with Taiwan of $27.3 billion.
What has Hsiao done for the US-Taiwan relationship so far?
Despite complications arising from the global crisis, Hsiao’s tenure has already seen several major developments in the U.S.-Taiwan relationship, from Taiwan President Tsai Ing-wen’s big bet on a U.S.-Taiwan trade breakthrough to high-profile Taiwan visits by the U.S. health secretary and an undersecretary of state.
Is Taiwan’s Defense partnership an issue of ‘survival’ or ‘security?
On defense and security, Hsiao repeated several times that the defense partnership is an issue of “survival” for Taiwan. “It’s no secret that the Chinese are exerting increasing military coercion, including the provocative fighter jet intrusions into Taiwan’s air defense identification zone,” she said.
Will US-Taiwan trade talks resurrect?
In the near term, Taiwan is hoping for a resurrection of the U.S.-Taiwan Trade and Investment Framework Agreement (TIFA) talks, which deal with trade issues between the two countries. “We haven’t had a TIFA meeting since the last Obama administration ,” Hsiao said – talks originally planned for 2020 were scrapped as the pandemic unfolded.
What does Taiwan’s overall defense concept look like?
“Taiwan’s Overall Defense Concept involves asymmetrical warfare and it requires adaptability, quick flexibility, and at times adjustment in our needs and the urgency of our needs,” Hsiao explained.