Economic, trade, innovation, and supply chain linkages between the United States and Taiwanare vitally important to the health of both nations’ advanced technology industries, enterprises,and broader economies. Taiwanese companies represent key suppliers to many “Tier 1” U.S.original equipment manufacturing (OEM) firms, meaning that the success of those U.S. OEMs,particularly in the information and communications technology (ICT) industry, depends on thevibrancy and innovation capacity of key Taiwanese suppliers. Especially in the semiconductor,related ICT, and electric vehicle (EV) industries, Taiwanese enterprises have become vital playersin global supply chains for the manufacture of sophisticated advanced-technology products.Building off the Information Technology and Innovation Foundation’s (ITIF) prior report “GlobalTrade Interdependence: U.S. Trade Linkages With Korea, Mexico, and Taiwan,” this reportexamines the continually evolving Taiwanese trade, economic, innovation, and supply chainlinkages with the United States and other global economies.1 The report further examines howcountries are implementing strategies to promote reshoring and supply chain resiliency, andprovides policy recommendations on a variety of issues such as how to advance supply chainresiliency, foster greater levels of technology and innovation collaboration and cooperation, andmore broadly deepen trade and economic linkages between both Taiwan and the United Statesand Taiwan and the broader global innovation economy.
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