Home News US and Taiwan Announce Formal Bilateral Trade Talks

US and Taiwan Announce Formal Bilateral Trade Talks

by Kunle Awosiyan

The US has announced that they will begin formal trade negotiations with Taiwan, weeks after a controversial visit by US House Speaker Nancy Pelosi.

The Office of US Trade Representative said the first round of talks are expected to begin in “early fall”.

Their discussion will include talks on trade facilitation, digital trade and anti-corruption standards.

Relations between the US and China have been increasingly tense following Ms Pelosi’s visit.

Trade between the US and Taiwan was worth nearly $106bn in 2020.

0 comment
0

Related Articles