TAIPEI (Taiwan News) — Both a House bill and a senator on Wednesday (July 29) called for a bilateral trade agreement between the U.S. and Taiwan.
On Wednesday, Congressman Ted Yoho (R-FL) introduced a bill primarily aimed at authorizing the U.S. to use military force in the event that China attacks Taiwan, but it also advocated a bilateral trade deal between the U.S. and Taiwan. That same day, Senator Cory Gardner (R-CO) wrote a letter to U.S. Trade Representative Robert E. Lighthizer urging him to begin negotiations on a U.S.-Taiwan trade pact.
Section 202 of the bill introduced by Yoho, the Taiwan Invasion Prevention Act, states that the U.S. trade representative should enter into negotiations with counterparts from Taiwan on setting up a bilateral trade agreement between the two countries. The bill stipulates that negotiations should begin within 180 days of the passage of the legislation.
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