17
October 2022
Past Event
Virtual Event | Strengthening Taiwan’s Trade and Economic Stability

Virtual Event | Strengthening Taiwan’s Trade and Economic Stability

Past Event
Online Only
October 17, 2022
taiwan walters china economy
Caption
Supporters await the arrival of Taiwan Vice President Lai Ching-te in Universal City, California, on January 25, 2022. (Robyn Beck/AFP via Getty Images)
17
October 2022
Past Event
Speakers:
Wendy Cutler

Vice President, Asia Society Policy Institute

Rupert Hammond-Chambers

President, US-Taiwan Business Council

abby_fu
Abby Fu

Research Fellow

Moderator:
riley_walters
Riley Walters

Deputy Director, Japan Chair

In June, the United States and Taiwan launched a new initiative called the “US-Taiwan Initiative on 21st-Century Trade,” meant to “advance mutual trade priorities based on shared values.” Taiwan is America’s eighth largest trading partner for goods, while the US is Taiwan’s second largest. Taiwan is a top trading partner for many other advanced economies, but few are willing to pursue official trade and economic agreements with Taipei. Meanwhile, China’s coercive economic activities continue to target Taiwan. As the US and its allies talk more about how to deter a Chinese invasion of Taiwan, policymakers should focus more on how to deter a Chinese economic takeover of the island. How can the US and Taiwan build confidence in their trade and economic partnerships? How can the new US-Taiwan trade initiative lead to greater supply chain resiliency in the Indo-Pacific? Please join Hudson Institute for a discussion on these topics.

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