Trump admin reportedly nearing trade and investment deal with Taiwan

• Taiwan’s vice premier Cheng Li-chiun and trade representative Yang Jen-ni are expected to arrive late Wednesday or early Thursday, with plans to meet in the coming days.

The report indicates that the Trump administration is progressing towards a trade and investment deal with Taiwan, which could signal a strengthening of bilateral relations. Depending on the details, this may impact market sentiment towards U.S.-China relations and influence currency movements, particularly in the USD, as well as the broader equity market given Taiwan’s role in global tech supply chains.