Taiwan is reducing its reliance on the Chinese mainland as it seeks to insulate itself from pressure from Beijing and forge closer economic and trade ties with the United States.
Jacksonville mom wants her son’s middle school bullies held accountable after she was forced to remove him from school Business A worker walks past the logo of the factory of King Yuan Electronics Co. after work in Miaoli County, western Taiwan, May 9, 2024. In late April 2024, King Yuan Electronics Corp.
“Everything is motivated by ... a desire to build Taiwan’s deterrent capability and their resilience, all in support of maintaining the status quo and deterring China from being tempted to take ... action against Taiwan,” Assistant Secretary of State Daniel Kritenbrink said.to $65 billion. That came after the Biden administration pledged up to $6.
Exports of semiconductors, electronic components and computer equipment from Taiwan to the U.S. more than tripled from 2018 to reach nearly $37 billion last year. It's not just tech: The island more than tripled exports of tapioca and its substitute, key ingredients in boba milk tea, to the U.S. between 2018 and 2023 and is shipping more fruits, tree nuts and farmed fish.
Since the 1990s, Beijing has tried to balance its claim over the island with favorable economic and trade policies, aiming to foster closer ties that could make it harder for Taiwan to break away.
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