In a news conference Monday, Biden said the United States would defend Taiwan militarily if it came under attack by China, despite the U.S. policy of “strategic ambiguity.”
Later, his administration announced the outlines of a new trade agreement that is meant to strengthen U.S. economic ties with other nations in the Indo-Pacific.
“Russia has to pay a long-term price for that in terms of the sanctions that have been imposed,” Biden said during a news conference with Japanese Prime Minister Kishida Fumio at Akasaka Palace.
“It is by any account the most significant international economic engagement that the United States has ever had in this region,” Commerce Secretary Gina Raimondo said. Although it was Trump who formally withdrew the United States from that agreement, it also lacked support from both parties on Capitol Hill and would not have been ratified. It’s unclear whether Congress would have to ratify this new trade framework.
Excluding Taiwan “would significantly distort the regional and global economic architecture, run counter to U.S. economic interests, and allow the Chinese government to claim that the international community does not in fact support meaningful engagement with Taiwan,” stated the letter, which was written by the two leaders of the Senate Foreign Relations Committee.
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