U.S.-Taiwan trade deal includes major purchases of energy, aircraft, power equipment

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U.S.-Taiwan trade deal includes major purchases of energy, aircraft, power equipment

Congressman John Moolenaar Chairman of the Select Committee on the CCP | Official Website

Chairman John Moolenaar of the Select Committee on China has commented on a new trade agreement between the United States and Taiwan. The deal, negotiated by the Trump Administration, includes Taiwan’s commitment to purchase $44.4 billion in liquefied natural gas, $15.2 billion in civil aircraft and engines, and $25.2 billion in power equipment from American companies.

"This new trade deal supports American jobs and continued prosperity between the United States and Taiwan," said Moolenaar. "Taiwan is going to invest billions of dollars in America and purchase billions more in American-made products. The deal also shows the Trump Administration’s continued partnership with Taiwan, which is a vibrant democratic society and a crucial part of critical supply chains. Congress will continue to do its part by supporting Taiwan in a bipartisan manner and opposing the Chinese Communist Party’s authoritarian ambitions."

The House Select Committee on the Chinese Communist Party examines economic and security challenges related to competition with China while developing policy recommendations, as outlined on its official website. The committee also proposes legislation aimed at enhancing U.S. competitiveness against China and operates as a bipartisan group within the U.S. House of Representatives.

According to information available on its website, the committee addresses issues such as technology competition, supply chain stability, and national security threats by holding sessions and issuing documents. Its work aims to safeguard U.S. innovation and coordinate government responses to these challenges.

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