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The United States and United Nations flags. (Getty Images)
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A US flag near the Presidential Office Building in Taipei, Taiwan, on May 20, 2024. (Getty Images)
On February 12, officials from the United States and Taiwan signed the Agreement on Reciprocal Trade (ART), a trade deal that “reflects both sides’ ambition to increase bilateral investment and commercial opportunities.”
The deal removes significant tariff and non-tariff barriers, accelerates bilateral trade through an increase of sales of US goods to Taiwan, and expands on an investment deal announced a month ago in which Taipei committed to funding and financing up to $500 billion in new investment in the United States.
Join Hudson for an expert panel on why these deals are so important for both nations, what they mean for the future of US supply chains, and what potential challenges remain for implementing these deals.
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