U.S. Secures Pledges On Data Transfers, Pharmaceuticals From Taiwan

The United States this month secured commitments from Taiwan to ease restrictions on cross-border data transfer in the financial sector and to address outstanding issues on pharmaceuticals, but failed to make progress on Taiwan's continuing ban on pork from pigs raised with the ractopamine, which has blocked U.S. exports. The lack of progress on pork at the April 4 meeting of the U.S.-Taiwan Trade and Investment Framework Agreement (TIFA) served as a barrier to launching exploratory talks on a bilateral...