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.
Hudson Institute Senior Fellow and Director of the Keystone Defense Initiative Rebeccah Heinrichs will host Sen. Rounds to discuss the B-21’s role in the United States’ twenty-first-century deterrence mission.
