United States Commerce Secretary Gina Raimondo goes over the effect of the semiconductor chip lack at UAW Region 1A workplace in Taylor, Michigan on November 29, 2021.
Jeff Kowalsky|AFP|Getty Images
U.S. Commerce Secretary Gina Raimondo gone over chip supply chains throughout a call with her opposite number in Taiwan and the 2 will comply on innovation, trade and financial investment through a freshly developed system, her workplace stated.
The United States has actually consistently pushed Taiwan, as a significant chip manufacturer, to do more to assist deal with an international lack of semiconductors which has actually shuttered some car assembly line and affected durable goods.
Taiwan states it is doing all it can to assist.
Raimondo, in a Monday call with Taiwan Economy Minister Wang Mei- hua, “underscored the United States’ support for Taiwan and the importance of the U.S.-Taiwan commercial and investment relationship,” the U.S. Commerce Department stated.
“She also expressed the United States’ continued interest in working together with Taiwan on issues of common commercial concern, particularly in the area of semiconductor supply chains and related eco-systems.”
The United States and Taiwan will comply through a brand-new Technology Trade and Investment Collaboration, or TTIC, structure, to establish business programs and check out methods to enhance vital supply chains, it included.
Raimondo and Wang likewise devoted to “identifying other steps to support semiconductors and other critical supply chains.”
