Taiwan Says Trade Surplus With US Is Positive for America (1)

Most of Taiwan’s exports to the US are products that help boost the American manufacturing sector, Deputy Economic Minister Chen Chern-chyi told lawmakers in Taipei.

• The comments were in response to a lawmaker’s inquiry about possible actions from President-elect Donald Trump, who has threatened more tariffs on imports
• The ministry doesn’t support Trump’s policy to hike tariffs, Chen says, adding that the two sides can work together on boosting US manufacturing and increasing jobs
  • Tariff hikes would stall global trade, Chen adds
  • Taiwan develops the chip industry through its own efforts and with the US, Chen says, adding that Taiwan ...