
The U.S. and Taiwan have been engaged in months-long bipartisan trade talks since the Trump administration took over, negotiating largely around the tech both countries hold. According to Bloomberg, the latest progress stemming from these discussions is a potential new high-tech strategic partnership dubbed the "Taiwan Model" by Vice Premier Cheng Li-chiun, that would involve Taiwan striking a balance between domestic importance and foreign soil influence. The deal largely echoes prior developments between the two nations and hasn't been formalized yet.
The Taiwan Model, put forth by a delegation sent to the U.S. during September 25-29, is essentially a proposal to keep the U.S. happy while ensuring that most of Taiwan's chip production remains in the country. Vice Premier Cheng-Li-chiun led the envoy, saying that this alliance will help Taiwanese companies invest in America easily, letting the firms themselves choose how/where to put their money.