In short, this year`s unique situation – with Taiwan, which is making headlines; U.S. politicians looking for ways to resist China`s harassment; and markets looking for ways to recover from Covid-19 is a unique opportunity to focus on why a U.S.-Taiwan trade agreement would benefit the United States. The last American information about Taiwan was made by election policy, coronavirus and … . . Incongruous… Baseball. In early January, Tsai Ing-wen won a remarkable landslide to maintain her position as president of the island. On May 20, she was sworn in for another four years. After the January 11 vote (which went smoothly despite China`s efforts to interfere), Taiwan surpassed most other companies in the world, with only 440 Covid-19 infections and seven deaths recorded to date. Not only did this result spark new demands for Taiwan`s participation in the World Health Assembly last month (which was not the case due to Chinese opposition), it also sparked renewed interest in the island`s most neglected athletes.

In the absence of alternative distractions, millions of sports fans have been put online to watch Taiwan baseball stars play and beat in rare live competitions. Whether in banking, trade negotiations or e-commerce, my professional life helps companies open up new markets, with a particular focus on China. As CEO of Export Now, I lead the largest international company in Chinese e-commerce. Previously, I was Undersecretary of State for International Trade at the U.S. Department of Commerce. Before that, I was the U.S. Ambassador to Singapore. Previously, I worked in Hong Kong and Singapore at Citibank and Bank of America, as well as at the White House and the National Security Council. New Market Book: amzn.to/2py3kqm World War II History Book: amzn.to/2qtk0wK Chen is expected to sign a Memorandum of Understanding on bilateral economic cooperation at Friday`s event, as part of discussions that Taiwan`s Ministry of Economy says will include global health care, supply chain security, energy development and 5G network development, as well as investments in infrastructure.

But no discussion is ongoing or planned. On the one hand, the United States is ambivalent about trade liberalization, with USTR chief Lighthizer explicitly criticizing free trade agreements. Taiwan, for its part, also has national constituencies sensitive to additional competition. Whether in banking, trade negotiations or e-commerce, my professional life helps companies open up new markets, with a particular focus on China. As the export CEO said, former Australian Prime Minister Malcolm Turnbull said last month that he supported a free trade agreement between Australia and Taiwan and Taiwan`s accession to the CPTPP at a virtual forum that also included Taiwanese President Tsai Ing-wen. My main point is that such an agreement makes good trade and economic sound, as do the policies of China and Taiwan. There are three key aspects to note: has the bilateral environment for a free trade agreement between Taiwan and the United States ever been stronger? At least half of the U.S. Senate thinks the time has come and sends a joint letter to U.S. Trade Representative Bob Lighthizer asking him to start negotiations.

The world`s largest free trade agreement was signed on Sunday and includes 15 Asia-Pacific nations. Taiwan is not one of them. But the country has reason to be optimistic about its willingness to forge international trade agreements despite its ongoing diplomatic isolation. However, the greatest attention has been paid to Taiwan`s trade relations with the United States, especially as officials have taken steps to make progress on a Taiwanese-American country. Trade pact before President Donald Trump loses re-election to President-elect Joe Bid