IARN — The Biden Administration is getting its feet under it in these first 100 days. One of the things they are focused on is trade. More significantly changing the way the U.S. conducts trade negotiations. The Trump administration took a very aggressive approach, while President Biden has committed to building trade coalitions, especially in regard to taking on China. One analyst says not to expect a flurry of individual trade deals anytime soon.
Taiwan is one of the countries that was hoping to reach a trade agreement with the United States. However, Scott Harold of the Rand Defense Research Group says to not expect that to happen anytime soon. He sees the Biden Administration putting more effort into getting back into the Comprehensive Trans-Pacific Partnership (CTPP). Harold says that a Taiwan agreement is more of a latter part of the first-term or a second-term kind of goal for President Biden.
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