Worthy Christian News > World News > US, Taiwan Launch New Trade Pact

US, Taiwan Launch New Trade Pact

Sunday, June 5, 2022 | Tag Cloud Tags: China, News, technology, Trade, Worthy News | Learn about our FREE SYNDICATION Service | Sign up for our Worthy Briefs! | Printer Friendly

(Worthy News) –
The U.S. launched a new trade pact with Taiwan on Wednesday, hoping to forge closer economic ties with the island territory that China claims as its own, while blunting Beijing’s economic clout in the region.

Biden administration officials said the U.S.-Taiwan deal would boost bilateral digital and clean energy trade and that the two partners would open talks to further technology trade and investments.

In announcing the pact, Commerce Secretary Gina Raimondo said economic relations between the U.S. and Taiwan were especially important because Taiwan is a leading supplier of advanced semiconductors needed in an array of consumer technology products. Senior administration officials said controls on the export of sensitive technologies would be addressed in talks between the U.S. and Taiwan. [ Source: VOA News (Read More…) ]

Don’t miss the stories Christians should be watching — subscribe to the Worthy Brief.

people are currently praying.

Worthy News reports from a biblical worldview with a commitment to accuracy, transparency, and editorial independence. Learn more about About Worthy News, our Editorial Standards, AI Use Policy, Ownership of Worthy News, News Tips and Corrections, and Worthy News Staff.

💡 Did you know? One of the best ways you can support Worthy News is by simply leaving a comment and sharing this article.

📢 Social media algorithms push content further when there’s more engagement — so every 👍 like, 💬 comment, and 🔄 share helps more people discover the truth. 🙌

Discuss this article in our forums

Latest Worthy News

Lake Mead Falls to Historic Low as Colorado River Crisis Deepens

Former NBA Players Declare for WNBA Draft, Putting Transgender Eligibility Rules to the Test

Senate Passes Government Funding Stopgap, Leaves Town

U.S. Presses Egypt Over Rising Christian Persecution, Religious Freedom Abuses

Iran Sets Sweeping New Demands to Reopen Strait of Hormuz, Tells U.S. to ‘Correct Its Behavior’

Pentagon Presses U.S. Arms Makers to Accelerate Production as Iran War Drains Missile Stockpiles

Drone Bomb Found Near Ukrainian Cargo Plane Raises Fears Of Russian Sabotage

North Korean Missile Unit Deploys To Help Russia (Worthy News Focus)

Numerous Killed In Thailand School Shooting; Teenage Shooter Dies

Fair Use Notice:This site contains copyrighted material the use of which has not always been specifically authorized by the copyright owner. We are making such material available in our efforts to advance understanding of environmental, political, human rights, economic, democracy, scientific, and social justice issues, etc. We believe this constitutes a 'fair use' of any such copyrighted material as provided for in section 107 of the US Copyright Law. In accordance with Title 17 U.S.C. Section 107, the material on this site is distributed without profit to those who have expressed a prior interest in receiving the included information for research and educational purposes. For more information go to: http://www.law.cornell.edu/uscode/17/107.shtml. If you wish to use copyrighted material from this site for purposes of your own that go beyond 'fair use', you must obtain permission from the copyright owner.