Oklahoma has opened a trade office in Taipei, a move that's good news for US-Taiwan business ties, especially in chips and manufacturing.

• Oklahoma launched a regional trade office in Taipei this week, backed by both Taiwanese and US officials at the ribbon-cutting.
• Taiwan is already Oklahoma's biggest semiconductor partner in Asia, and officials see it as the state's gateway into broader Asian markets.
• Oklahoma wants to double its exports to Taiwan and Asia within five years, aiming to boost farm, manufacturing, and tech revenue and help smaller Oklahoma businesses go global more cheaply.
• Two Taiwanese companies have already traveled to Oklahoma this month to scout investment opportunities, following a semiconductor delegation visit last month.
• US officials note that US-Taiwan trade has nearly doubled since 2016, and the new office will focus on building bridges to Taiwan, Japan, and South Korea.

Outlook: Expect more Taiwanese company visits and deals as Oklahoma pushes to grow its semiconductor and tech trade with Taiwan over the next few years.