Moving forward, it will be important to keep an eye on several indicators— technological, political, economic, and security—in order to determine the cost and benefits of US-Taiwan engagement.
US-China competition and US-EU strategic realignment have forced a fundamental shift from cost-efficient global production networks toward “short-chain” regional production systems, while simultaneously creating new imperatives for green transformation.
As Europe considers its approach towards Taiwan in the coming years, it will be influenced by the Trump Administration’s approach.
Taiwan’s National Health Insurance system began implementing a major reform in December 2024 that eliminates the suspension-and-resumption mechanism for overseas residents.
Facing vagaries tied to Trump’s outlook on foreign policy, Taiwan should increase its defense budget and pursue economic measures that promote mutual benefit and long-term engagement.