Senator James Inhofe, R-OK is co-sponsoring legislation expressing that the United States should increase Trade Opportunities with Taiwan and launch negotiations for a free trade agreement.
"The relationship between Taiwan & United States has benefited both nations for over fifty years...Taiwan shares many of our democratic and free market values that provide the foundation for fair and mutually benefited trade relations...entering into a Trade Agreement with Taiwan, would greatly benefit our economy..." said Sen. Inhofe.
Taiwan has a lot to offer to the USA and promises to be more beneficial to U.S. exports. Taiwan has developed an economy on par with Europe with labor & environmental standards that are world class and intellectual property protections that have earned the praise of USA corporations.
A USA--Taiwan free trade agreement would boost American jobs in key manufacturing industries, with auto and business equipment topping the list. More here from The Heritage Foundation.
