At a news conference marking Premier Cho Jung-tai's first year in office, Cheng said chief Taiwan negotiator Jenni Yang reported “good bilateral talks“ in which both sides shared expectations of future Taiwan-U.S. economic cooperation and continued talks ahead.
“Taiwan is confident it can reach trade balance by increasing purchases from the U.S.,“ Cheng said, adding that the U.S. is now the top overseas investment destination for Taiwan.
Taiwan has since begun tariff talks with Washington, promising to purchase more U.S. goods and invest more in America to achieve more balanced trade.
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