U.S.–Taiwan trade talks could affect global supply chains and tariff policy, especially in tech sectors tied to exports. (BizTrendWire Insight)
Source: Reuters (via feed)
Taipei/Washington, Jan 14 (Reuters) – Senior Taiwanese officials are traveling to Washington to advance trade and investment talks, a source familiar with the matter said on Wednesday.
Vice Premier Cheng Li-chiun and trade envoy Yang Jen-ni are due in Washington late on Jan. 14 or early on Jan. 15. They will meet U.S. officials in the coming days, the source said.
The discussions aim to lower U.S. tariffs on Taiwanese exports and encourage greater investment between the two economies. Taipei has said it wants tariffs cut to 15% from 20%.
It was unclear which U.S. officials would participate or whether an agreement would result from the visit, the source added.
Taiwan’s government said in December it had reached a broad consensus with Washington on the talks and was discussing timing for a concluding meeting.
The White House did not immediately comment on the planned meetings.
