Taiwan Strengthens US Ties with Economic Pledges Amid Trade Tensions

Taiwan's President Lai Ching-te pledged to bolster US economic ties by purchasing more American goods, including natural gas, oil, and weapons. As trade tensions simmer under potential tariffs, Taiwan seeks to strengthen relations with the US, countering China's pressure and fostering mutual economic benefits.


Devdiscourse News Desk | Taipei | Updated: 27-05-2025 23:30 IST | Created: 27-05-2025 23:30 IST
Taiwan Strengthens US Ties with Economic Pledges Amid Trade Tensions
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Taiwan's President Lai Ching-te has committed to increasing the island's purchase of American goods, such as natural gas and weapons, to enhance ties with the United States amidst looming tariff threats.

In discussions with a US congressional delegation, Lai highlighted the goal of achieving "more balanced bilateral trade" and increasing Taiwan's energy resilience. Rep. Bruce Westerman emphasized America's readiness to expand trade relationships, especially as Taiwan faces pressures from China.

The growing economic relationship includes significant Taiwanese investments in the US, such as TSMC's $165 billion chip factories in Arizona. While trade imbalance concerns linger, both nations aim to counter economic coercion and enhance regional stability through closer cooperation.

(With inputs from agencies.)

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