United States and Taiwan Ink Trade Deal Despite Warnings from China
- Taiwan and the United States will sign the first deal under a new trade talks framework.
- The US-Taiwan Initiative on 21st Century Trade looks to boost trade by streamlining customs checks, improving regulatory procedures, and establishing anticorruption measures.
- The pact is "intended to strengthen and deepen the economic and trade relationship" between both sides.
- China warned against signing any pact "with connotations of sovereignty or of an official nature with China's Taiwan region."
- Taiwan's government has described the deal as "the most comprehensive" trade agreement signed with Washington since 1979.