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US-Taiwan ties ’never been stronger’, top diplomat in Taipei says

US-Taiwan ties ’never been stronger’, top diplomat in Taipei says

The U.S.-Taiwan relationship is at an all-time high, according to the top American diplomat in Taipei. Raymond Greene, who serves in the capacity of a de facto U.S. ambassador to the island, stated that the ties between the two nations have never been stronger during an event ahead of the upcoming SEMICON chip trade show in Taipei. This strengthening is particularly noteworthy as it occurs within the high-tech and advanced manufacturing sectors.

Greene noted that Taiwan's foreign direct investment in the U.S. hit a record-breaking level last year, with significant investments being made in Arizona and Texas. He further emphasized that Taiwan is aiding in the re-industrialization of the United States through substantial tech investments, particularly in the semiconductor sector.

Taiwan's semiconductor hub, located in Hsinchu and Taipei, has become a focal point for U.S. companies looking to expand their tech partnerships. U.S. President Donald Trump has previously criticized Taiwan for allegedly stealing American semiconductor business. However, Taiwan's government refutes this claim, and it has supported its companies in increasing their investments in the U.S.

Bill Frauenhofer, executive director of semiconductor investment and innovation at the Commerce Department, highlighted the CHIPS Act, a program aimed at boosting domestic semiconductor manufacturing. The initiative is set to secure American prosperity and innovation for decades to come. Greene and Frauenhofer both spoke at the same event, underscoring the strong and growing relationship between the U.S. and Taiwan.

Written by urgent.news from Investing.com's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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