Taiwan Trade with USA

After reading the articles about Chinese Tire tariff and Chinese Chicken Feet, I am thinking that international trade is very complicated. Every country wants to get the biggest profits in the trade, so countries usually do some in the tariffs. Moreover, China and USA are the important country in the world. Both of them have many consumers in the market. So many countries want to trade with them, for example, my hometown, Taiwan. China is the major country that Taiwan trade with. Taiwan is a small country, and relies on export to maintain domestic economics. And Taiwan wants to sign FTA contract with USA that can help Taiwan more openness and trade with more places.

However, Taiwan has the big problem with USA now. It is about American beef. USA wants to export American beef into Taiwan, but Taiwan government found that American beef have Ractopamine in the meat. And it is not legal in Taiwan. So the Congress of Taiwan fights a lot of this issue. President Ma said that customers have option; they can choose what they want and what they don’t want. The major issue is that Taiwan has to solve this problem and sign the FTA with more countries. Expending the trade places in the world is very important for Taiwan, because 70% GDP of Taiwan relies on export. And after this, Taiwan needs to sign TPP with Asian countries. Have to say, Taiwan lagged behind South Korea many now.