The range of priorities of U.S. companies in U.S.-Japan trade negotiations is well known. Areas that should be addressed in a comprehensive trade agreement with Japan include market access and technical barriers to trade; services (including financial, telecommunications, audiovisual, express distribution, ICT and other professional services); Intellectual property, including patents, copyrights, trademarks and trade secrets; Customs administration and trade facilitation; Investments Public procurement Regulatory cooperation and good regulatory practices; Transparency and procedural fairness State-controlled enterprises; The fight against corruption; Small and medium-sized enterprises Competition policy. The letter does not promise any prospect of potential gains for the EU or some Member States if they adopt the UK agreement. It does not even indicate the common negotiating tactic of asserting that a particular agreement is in the common interest of all. But no discussion is ongoing or planned. On the one hand, the United States is ambivalent about trade liberalization, with USTR chief Lighthizer explicitly criticizing free trade agreements. Taiwan, for its part, also has national constituencies sensitive to additional competition. Efforts to restore trade relations can be important, as the government has committed to deal with KORUS, the U.S.-Japan trade agreement and the first phase trade agreement with China. But to date, there has been no attempt by the government to secure new agreements, including bilateral ones, to anchor the U.S. economic position in the region.

The most important thing is that Beijing`s shadow falls on the talks. It would be a mistake for the United States to pursue a free trade agreement as part of its policy toward China or to use Taiwan as a negotiating ground, and Taiwan also has reason to be cautious. A friendly improvement in trade is usually a good idea, but not when it is done to attract a third party. A step towards better economic relations with Taiwan should not be seen as degrading. The United States and Korea continued negotiations on January 5, 2018 to amend and amend the U.S.-Korea ER-Korea Trade Agreement (KORUS FTA). The United States and Korea met from January 31 to February 1 in Seoul, Korea, to advance negotiations on amendments and negotiations on their free trade agreement. On March 28, 2018, the United States and Korea agreed on the principle of amendments and amendments to the free trade agreement between the United States and the Republic of Korea (KORUS Free Trade Agreement). President White HouseWashington, DC 20500Herer Mr. President: On behalf of the Business Roundtable, I would like to express our support for your government`s efforts to modernize and strengthen the North American Free Trade Agreement (NAFTA) and share our priorities for the negotiations. We know that it is important to update this two-decade-old trade agreement in order to continue to use the U.S. economy and American businesses, workers and consumers. We are ready to work with you, your government and Congress to secure a successful negotiation.

Third, Taiwan is a model trading partner. According to the Heritage Foundation`s Index of Economic Freedom, Taiwan is the 11th freest economy in the world. These include a number of factors, ranging from the rule of law and state transparency to investment rules and tax pressure. In trade, the average trade-weighted tariff is 2% – lower than our own tariff. A friend of the Taiwanese government said the island could lose its competitiveness if it were excluded from trade agreements. Taiwan is not part of ASEAN and its participation in regional or bilateral trade agreements can easily be blocked by China. Taiwanese companies need an international trade portal. On October 7, 2019, USTR Robert Lighthizer and Japan`s Ambassador to the United States