US business group says Washington should treat Taiwan like partner not adversary

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US business group says Washington should treat Taiwan like partner not adversary

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US business group says Washington should treat Taiwan like partner not adversary

//business-finance.news-articles.net/content/202 .. uld-treat-taiwan-like-partner-not-adversary.html

Published in Business and Finance on Tuesday, June 17th 2025 at 14:01 GMT by Reuters

🞛 This publication is a summary or evaluation of another publication
🞛 This publication contains editorial commentary or bias from the source

TAIPEI (Reuters) -The United States should treat Taiwan like a partner and not an adversary, remove new and proposed tariffs, restore high-level cabinet visits and agree a double taxation deal, the American Chamber of Commerce in Taiwan said on Tuesday. Taiwan, which China views as its own territory, enjoyed strong support from U.S. President Donald Trump's first administration, which regularized arms sales that President Joe Biden continued.

2025-06-17 312 x 208 / 32465 Bytes

The U.S. Chamber of Commerce has criticized the Washington, D.C. city council's decision to raise the minimum wage for tipped workers to match the standard minimum wage by 2027, arguing that it could lead to higher prices, reduced hours, and job losses in the restaurant industry. The Chamber's chief policy officer, Neil Bradley, expressed concerns that the policy might drive businesses out of the city, impacting the local economy. This comes in the context of ongoing debates about minimum wage policies and their effects on both workers and businesses, with some advocating for the change as a means to ensure fair compensation, while others worry about the economic repercussions for the hospitality sector.

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