As President Trump pursues bilateral free-trade agreements with Japan and South Korea, one East Asian country has fallen off the radar: Taiwan. This lapse may prove economically and strategically costly for the U.S.

The Trump administration’s obsession with bilateral trade deals, rather than multilateral agreements, is controversial. But its ambitions to secure better terms of trade while deepening strategic partnerships with China’s rivals should not be. A trade deal with Taiwan would advance both objectives splendidly.

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