Senate Committee Backs Bill to Deepen U.S. Economic Ties With Taiwan
Posted inBiden, Joseph R Jr China Computer Chips Democratic Party Grassley, Charles E House of Representatives International Relations Law and Legislation Republican Party Senate Committee on Finance Senate Committee on Foreign Relations Supply Chain Taiwan Taiwan Semiconductor Manufacturing Company Ltd Treaties United States United States Economy

Senate Committee Backs Bill to Deepen U.S. Economic Ties With Taiwan

Legislation to end double taxation between Taiwan and the United States is intended to spur semiconductor investment but is likely to rankle U.S. relations with China.