The U.S. and Taiwan governments have held their first “Economic Prosperity Dialogue” covering supply chain structures, telecoms security, renewable energy and health. A trade deal is very unlikely in the near-term given China’s sensitivities. Indeed, the move may be part of the Trump administration’s ongoing economic pressure on China before the end of its term in office. Future developments will be a function of the Biden administration’s yet to be detailed Asia region policies. The top seven import lines to the U.S. from Taiwan are dominated by electron...