US-Taiwan ties 'never been stronger', top diplomat in Taipei says


FILE PHOTO: Semiconductor chips are seen on a printed circuit board in this illustration picture taken February 17, 2023. REUTERS/Florence Lo/Illustration/File Photo

TAIPEI, Aug 31 (Reuters) - The U.S.-Taiwan ⁠relationship has "never been stronger" and Taiwan is helping to re-industrialise the ⁠United States with its tech investments, the top American diplomat in ‌Taipei said on Monday.

While the U.S., like most countries, has no formal diplomatic relations with Chinese-claimed Taiwan, it is the island's most important international backer and arms supplier.

Taiwanese companies have been ​investing billions of dollars in the U.S., led by ⁠TSMC's $265 billion investment in the ⁠state of Arizona.

Speaking at an event ahead of this week's SEMICON chip trade ⁠show ‌in Taipei, to be attended by senior executives from companies including Microsoft and Google, Raymond Greene, the de facto U.S. ambassador to Taipei, ⁠praised bilateral relations.

"Our ties with Taiwan have never been ​stronger, especially as ‌our cooperation deepens across high-tech and advanced manufacturing sectors," he said, noting ⁠last year marked ​a record-breaking period for Taiwan's foreign direct investment in the U.S.

"Taiwan is helping to re-industrialise America, starting with investments in Arizona and Texas, and U.S. companies are growing ⁠their tech partnerships by setting up operations in ​Hsinchu and Taipei," Greene added, referring to Taiwan's main semiconductor hub.

U.S. President Donald Trump has on occasion criticised Taiwan for "stealing" American semiconductor business, a perception Taiwan's government ⁠says is unfair even as it has backed its companies to increase their U.S. investments.

Speaking at the same event as Greene, a U.S. Commerce Department official who oversees the government programme to boost domestic semiconductor manufacturing, called the ​CHIPS Act, said that plan is "securing American prosperity and ⁠innovation for decades to come".

"President Trump and the administration are committed to not just ​reshoring semiconductor manufacturing, but creating American jobs ‌and building the careers that make our ​nation and people great," said Bill Frauenhofer, executive director of semiconductor investment and innovation at Commerce.

(Reporting by Ben Blanchard; Editing by Edwina Gibbs)

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