Trump’s Taiwan Gambit Has Auto and Oil Opportunity, China Relations Risk — Panjiva
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Trump’s Taiwan Gambit Has Auto and Oil Opportunity, China Relations Risk

Ags - Grains/Beans 318 China 3053 Cons. Discr. - Autos 1251 Energy - Conventional 469 Energy - Crude Oil 312 Energy - Natural Gas 164 Health Care 363 Industrials - Aero/Defense 204 Info Tech - Tech Hardware 866 Taiwan 231 Trade Deals 1017 U.S. 5404

President Trump has signed a bill encouraging visits between officials of the U.S. and Taiwan. Improved trade relations have previously been flagged as a priority by U.S. Trade Representative Lighthizer. Unsurprisingly the Chinese government has said the bill threatens “cross-Straits” peace. The move comes as trade relations between the U.S. and China are already deteriorating ahead of the section 301 review tariff package. Taiwan had a $17 billion trade surplus vs. the U.S. in the 12 months to January 31, a new record and a potential target for the Trump administration. The current l...

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