Taiwan and the US Forge Stronger Economic Ties: Building Resilient Supply Chains

Taiwan's Cabinet Secretary-General discusses cooperation on non-Chinese supply chains and economic security.

TAIPEI (Taiwan News) – Taiwan is poised to collaborate with the United States in bolstering non-Chinese supply chains and combating origin laundering, according to Cabinet Secretary-General Kung Ming-hsin (龔明鑫).

Following his attendance at the SelectUSA Investment Summit in Maryland, Kung communicated to US officials that a stronger United States directly enhances Taiwan’s security, while a more robust Taiwan alleviates the US's economic pressures.

Kung expressed hopes for advancements in global economic security and supply chain resilience. He emphasized Taiwan’s willingness to partner with the US in establishing non-Chinese supply chains across essential industries. He also highlighted Taiwan's capacity to assist the US with export controls and in thwarting illegal transshipment and origin laundering.

Kung further stated that Taiwan can support US reindustrialization endeavors, although this will require the US to facilitate continued Taiwanese investment and procurement. He expressed optimism regarding the ongoing Taiwan–US tariff negotiations.

During his US trip, Kung oversaw the signing of a Memorandum of Understanding (MOU) focused on economic cooperation between the Chinese International Economic Cooperation Association and the US–Taiwan Business Council.

Taiwan's delegation to the SelectUSA Investment Summit was the largest, comprising 138 Taiwanese companies.