The United States and Taiwan said that they will hold trade talks (CNN) in Washington later this month. The announcement comes as the Joe Biden administration develops its Indo-Pacific Economic Framework (IPEF), which includes thirteen countries but excludes Taiwan.
The U.S.-Taiwan Initiative on Twenty-First Century Trade is expected to include elements similar to those of IPEF, such as trade facilitation and anti-corruption measures. It is not expected to reduce tariffs and thus would not require U.S. congressional approval. Officials in Beijing, which views Taiwan as part of its territory, criticized the talks (AP) and called on Washington to “stop negotiating agreements with Taiwan that have sovereign connotations and official nature.”
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