The partnership and friendship between the United States and Taiwan are of paramount importance, fostering significant economic, social, and political alignment. Economically, Taiwan is a top U.S. trade partner, ranking as the 7th-largest merchandise trading partner with a total goods trade of $128 billion in 20231. Taiwan’s economy is highly dependent on global trade, with exports accounting for about 70% of its GDP1.
Socially, the United States and Taiwan share similar values, deep commercial and economic links, and strong people-to-people ties, which form the bedrock of their friendship2. Politically, the United States maintains a robust unofficial relationship with Taiwan, guided by the Taiwan Relations Act, the three U.S.-China Joint Communiques, and the Six Assurances2.
This alignment ensures peace and stability across the Taiwan Strait, with the U.S. providing necessary defense articles and services to enable Taiwan to maintain a sufficient self-defense capability2. This multifaceted partnership not only strengthens both nations but also contributes to regional and global stability.
1: U.S.-Taiwan Trade and Economic Relations – CRS Reports 2: U.S. Relations With Taiwan – United States Department of State
