The United States and Taiwan on Jun 30, 2021, restarted trade talks after five years. TAIPEI: The United States and Taiwan on Wednesday restarted trade talks after five years as Washington moves to boost its ties with the island despite China's objections.
The talks resumed after the two sides reconvened the Trade and Investment Framework Agreement Council, which under former US president Barack Obama was in charge of finding ways to deepen commercial relations.The council last met in 2016 before the election of Donald Trump, who switched gears and focused on reaching a mega-deal with China, although relations between Washington and Beijing deteriorated sharply by the end of his turbulent term.
Wednesday's talks"focused on enhancing the longstanding trade and investment relationship between the United States and Taiwan", a statement released by the Office of the United States Trade Representative said.Beijing considers self-governing, democratic Taiwan to be a territory to be seized one day, by force if necessary, and concerns have been rising in the US that China may be increasingly willing to use its military might.
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: TODAYonline - 🏆 1. / 99 Read more »
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Source: TODAYonline - 🏆 1. / 99 Read more »
Source: YahooSG - 🏆 3. / 71 Read more »
Source: TODAYonline - 🏆 1. / 99 Read more »