Taiwan

At a Congressional hearing earlier this week, a Republican Congressman pressed several banking executives about their willingness to do business with China.

Lithuanian trade officials and business representatives are visiting Taiwan this week to strengthen trade cooperation in high technology.

At the WTO SPS Committee meeting held on March 23-25, for which the meeting minutes were recently circulated, there were discussions of a number of SPS measures imposed by China or imposed by other Members against Chinese goods.

Yesterday, the Office of the U.S. Trade Representative released a "negotiating mandate" for the "U.S.-Taiwan Initiative on 21st-Century Trade." The press release from the Office of Trade Negotiation under Taiwan's Executive Yuan noted that both Taiwan and the United States "have shown a high degree of ambition

China has ramped up trade sanctions on Taiwan by curbing additional Taiwanese imports. It also announced sanctions on two foundations and at least four companies for engaging in "separatist activities."

With U.S. House Speaker Nancy Pelosi arriving in Taiwan today, China's Customs suspended imports from some Taiwanese food companies.

Over the past few days, there have been meetings and trips involving several CPTPP countries and their Taiwanese counterparts which have promoted Taiwan's CPTPP accession application.