For the United States, one of the advantages would be a stronger partner in critical strategic trade sectors, the ability to define new positive trade rules in a crucial region and, perhaps most importantly, the leadership of the United States in Asia. Whether in banking, trade negotiations or e-commerce, my professional life helps companies win in new markets, with a particular focus on China. As CEO of Export Several of the key trade considerations for a comprehensive trade agreement with Taiwan are well entrenched. Taiwan is the fourteenth largest U.S. export market for products and the eighth largest market for agricultural products. It has a strong rule of law and admirable government transparency, as well as generally reasonable trade and investment rules. Taiwan`s weighted average tariff is 2 percent — much like the U.S. — but it has relatively high tariffs (9 percent) on agriculture, meaning a deal could cause a sharp increase in U.S. agricultural exports. Taiwan reiterated on Sunday its desire to join the CPTPP and negotiators are in Washington this week to work out a possible free trade agreement with the United States. The Regional Economic Partnership (RCEP) includes the 10 members of ASEAN, as well as Australia, New Zealand, Japan, South Korea and China. His presence at RCEP, Taiwan`s foreign ministry said Sunday, rules out any chance of Taipei joining the free trade pact.
Chen will be at Taiwan`s American premiere. Economic Prosperity Partnership on Friday….