WisEye Morning Minute: Wisconsin Trade Relations with Taiwan


WisEye Morning Minute: Wisconsin Trade Relations with Taiwan


As reported by WisPolitics.com, Sen. Roger Roth says a new bill would help Wisconsin show support for Taiwanese democracy while improving trade. The Appleton Republican in a Senate Housing, Commerce and Trade Committee public hearing said SB 659 would foster a mutually beneficial relationship between Wisconsin`s agricultural industry and Taiwan`s semiconductor industry while growing other trade opportunities. The bill would also require the Wisconsin Economic Development Corporation to fund and create an office to foster that relationship. WEDC Secretary Missy Hughes during the meeting said creating the new trade office would require WEDC to direct funds away from existing economic development projects because it lacks sufficient funding to do otherwise. Roth also said the bill would help address the ongoing semiconductor chip shortage that has slowed manufacturing across the globe.

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- - Volume: 9 - WEEK: 50 Date: 12/9/2021 11:20:08 AM -