I read with great interest Robert Conot's article "Asia: Big One-Way Economics" (Opinion, Nov. 15). The article, which deals mainly with the trade issues between the United States on the one hand and Japan and the four little dragons in Asia on the other, tends to rap on the unresponsiveness of these Asian nations to the growing U.S. trade deficits.
While ways to solve the existing trade problems are too complicated to discuss in this letter, I wish to clarify a couple of points involving the Republic of China on Taiwan which were touched upon in Conot's article.
The U.S.-ROC trade is no one-way street. Since 1978 when the trade deficits had not yet alarmed the U.S. commercial officials, the ROC on Taiwan has on its own initiative sent "Buy American" trade missions to the United States. As of last July, the ROC has dispatched 13 such missions and bought a total of $10.5 billion worth of U.S. farm and industrial products. Among other measures taken by the ROC government are: Reducing tariff rates (over 2,000 items as of now, over 3,500 items scheduled for January, 1988); opening new markets to U.S. businesses (service industries, fast foods, and tobacco, beer and wine), and drastic appreciation of New Taiwan dollars.