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A deal for the purchase of Japanese train cars for the Taiwan High Speed Railway (THSR) has been an important symbol of the economic cooperation between Japan and Taiwan. However, the stagnation of the deal now threatens the relationship between the two partners.
THSR Corporation has operated the high-speed railway since 2007. The original cars for Taiwan’s bullet train are approaching their maintenance schedule for replacement and renewal, and talks have been underway for their replacement.
However, in January 2021, THSR announced the cancelation of its negotiations with Japanese counterparts because, THSR said, the price proposal was “too expensive.”
Now, concerns have been raised that, if the bullet train car negotiations go nowhere, the flow of regional stability and economic security would be disrupted.
Taiwan prosecutors seek arrest warrant for suspect in deadly train crash
japantimes.co.jp - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from japantimes.co.jp Daily Mail and Mail on Sunday newspapers.
Japanese-made train involved in deadly Taiwan crash
japantimes.co.jp - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from japantimes.co.jp Daily Mail and Mail on Sunday newspapers.
Infrastructure and energy
In late January, President Biden signed an executive order enhancing “Buy American” requirements for federal procurement, a long-standing policy mandating that federal infrastructure projects use U.S.-made construction materials. Donald Trump famously touted, but didn’t aggressively enforce, his own “buy American and hire American” policy. Biden seems more committed: his order establishes a Made in America office to increase oversight. But whether this commitment lasts remains to be seen, as the policy conflicts with another administration goal: improving mass transit.
The Buy American Act, passed in 1933, requires that federally funded public projects use domestically produced iron, steel, and manufactured goods, unless doing so increases project costs by 25 percent or more. A separate act called “Buy America” (no “n” at the end) puts these requirements on state and local projects that receive Federal Transit Administration grants. The B
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