Earlier this year, I traveled to Taiwan along with four of my colleagues from the Select Committee on Strategic Competition between the United States and the Chinese Communist Party . There, our bipartisan delegation witnessed a thriving island democracy whose future will be closely bound up with our own.In Taiwan, we met with President Tsai Ing-wen and President-elect William Lai and congratulated them on Taiwan's successful democratic election in January.
Taiwan's semiconductors, including those produced in Taiwan and those that will be made in the United States, are indispensable for America's economic prosperity.Taiwan is also a top U.S. trading partner. In 2022, Taiwan was the United States' ninth-largest trading partner in goods. Closer to home, Taiwan is my home state of Illinois' second-largest importer of corn and third-largest importer of soybeans.The CCP is steadily dialing up its threats against Taiwan.
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