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US, Taiwan Sign Trade Deal Over China’s Opposition

The Associated Press June 4, 2023 Asia & Pacific, Business & Markets, China News, Deal, Economy, Executive Branch, Politics, Special Topics, Taiwan, Trade, United States, US, US News, US-China Relations, WORLD Comments Off on US, Taiwan Sign Trade Deal Over China’s Opposition
WASHINGTON—The United States signed a trade agreement Thursday with Taiwan over opposition from China.
The two governments say the U.S.–Taiwan Initiative on 21st Century Trade will strengthen commercial relations by improving customs, investment, and other regulation.
The measure was signed by employees of the unofficial entities that maintain relations between the United States and Taiwan, a center for high-tech industry. They have no formal diplomatic ties but maintain unofficial relations and have billions of dollars in annual trade.
The agreement is intended to “strengthen and deepen the economic and trade relationship,” the Office of the U.S. Trade Representative (USTR) said in a statement. The deputy USTR, Sarah Bianchi, attended the signing….

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