Story perspectives
Taiwan's Trade Resilience Crucial Amid US-China Tensions
5/23/2025
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Story summary
- US-China trade tensions since 2018 have significantly altered global trade dynamics, affecting nations like Taiwan.
- The situation intensified with tariffs, a Phase One Trade Agreement, and strategic decoupling under the Biden Administration.
- By 2024, Taiwan became a vital US trading partner, yet it grapples with trade deficits and US tariff risks.
- Strengthening trade cooperation and supply chain resilience is essential for Taiwan's long-term stability amid ongoing geopolitical challenges.
