Taiwan is optimistic about trade discussions with the US, aiming to balance trade by increasing American purchases.
Taiwan has expressed optimism about trade discussions with the United States. The highest trade representatives from both countries met at an economic summit in South Korea. According to Taiwanese Vice Premier Cheng Li-Chiun, the talks proceeded well.
'Taiwan is confident it can achieve a trade balance by increasing purchases from the US,' Cheng stated at a press conference in Taiwan. She emphasized that most foreign investments by Taiwanese companies go to the US.
The inaugural meeting of the China-US economic and trade consultation mechanism started in London, marking a step...
China's exports to the US fell sharply in May, marking the steepest decline since 2020, despite a recent trade...
The risk of a recession has decreased, according to economist Han de Jong, due to constructive trade talks and...
US trade deficit hits record $1.2 trillion in 2025 despite Trump tariffs, driven by $145 billion in AI imports from...
Global trade reached a record $33 trillion in 2024 with 3.3% growth, but UNCTAD data reveals critical...
2025 US tariff hikes disrupt global trade routes, causing shipping realignments, economic losses, and...
Follow Discussion