Grassley Says Opening FTA Negotiations With Taiwan Would Be Good
Sixteen months ago, Sen. Chuck Grassley, R-Iowa, cautioned that while the prospect of a free trade agreement with Taiwan was attractive, it could damage trade relations with China (see 2008170045). On a call with reporters Dec. 21, Grasley said he…
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thinks "it would be a good move now to send a signal to China that Taiwan is important being independent of China," and negotiating a free trade deal with the island would do that. Taiwanese voters rejected a referendum that would have restored a ban on imported pork that ingested ractopamine, a feed additive. The earlier ban was a trade irritant for the U.S., as many U.S. pigs are raised with ractopamine. But, Grassley acknowledged, the administration has not been pursuing new free trade deals, or even continuing negotiations that were started during the Trump administration, so he thinks this will not begin soon.