US To Hold Trade Talks with Taiwan In A Move Blasted By China As per the recent news, US trade officials have visited Taiwan to start off four days of negotiations over a proposed trade arrangement that has drawn resistance from the People’s Republic of China. The meeting which is scheduled between US and Taiwanese negotiators in Taipei marks the first formal discussion over a text of a trade agreement after a beginning round of meetings in November. The discussion will be focused on proposed deals covering anti-corruption standards, trade by SMEs, administrative practices, and trade assistance. As the U.S. and Taiwan agree in some of these areas, the two sides may declare independent arrangements regarding those subjects for what Taiwanese authorities called an “early harvest” as momentum works towards an extensive trade agreement. These two areas that have demonstrated more challenges between the US and Taiwan are - agriculture & digital trade which are likely to take longer to discuss. The potential trade agreement between Taiwan and the US has disturbed Chinese authorities, a representative for the Chinese Embassy blamed Americans for “wrongdoings” by even arranging the deal, as per reported. Read more: https://www.axioscreditbank.com/blogs/us-to-hold-trade-talks-with-taiwan-in-a-move-blasted-by-china #UStrade #tradearrangement #SMEs #PRC #USagencies #tradefinance