Taiwan hails ‘comprehensive’ trade deal with US as China issues warning


Source: theguardian.com theguardian.com

Key Topics in this News Article:

News Snapshot:

The United States and Taiwan have signed a trade deal aimed at deepening economic relations between both sides – in a move that has sparked a warning from Beijing. Taiwan’s government has described the deal as “the most comprehensive” trade agreement signed with Washington since 1979. The pact is “intended to strengthen and deepen the economic and trade relationship” between both sides, Sam Michel, a spokesperson at the US Trade Representative press office said in a statement on Thursday. The US-Taiwan Initiative on 21st Century Trade looks to boost trade by streamlining customs checks, improving regulatory procedures, and establishing anticorruption...