Senators urge Lighthizer to begin formal trade talks with Taiwan
October 8, 2020 By Amie Simpson Filed Under: News, Trade
A bipartisan group of 50 senators is asking US Trade Representative Robert Lighthizer to begin formal trade talks with Taiwan.
In a letter, the senators say Taiwan is longstanding economic partner and now is the time to begin the formal process of negotiating a comprehensive trade agreement with the country.
They say a trade agreement would promote security and economic growth for the US, Taiwan, and the Indo-Pacific as a whole.
Taiwan is the 11th largest trading partner of the US with $76 billion in total goods exchanged during 2018.
Senators who signed the letter include Lamar Alexander of Tennessee, Marsha Blackburn of Tennessee, Roy Blunt of Missouri, John Boozman of Arkansas, Mike Braun of Indiana, Tom Cotton of Arkansas, Deb Fischer of Nebraska, Ron Johnson of Wisconsin, Rob Portman of Ohio, Mike Rounds of South Dakota, Ben Sasse of Nebraska, John Thune of South Dakota, and Todd Young of Indiana.
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