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Trade

US and Taiwan revive trade talks after 5-year freeze to counter China

Taipei pushes Washington for pact, but both sides likely face heavy pushback at home

Cargo cranes and cargo are seen at Keelung Port during sunset hours .   © Reuters

TAIPEI/WASHINGTON -- For the first time in five years, the U.S. and Taiwan on Wednesday held their first talks under a dormant trade and investment framework as they pursue stronger trade ties to ramp up pressure on China. But the path to an agreement will likely be rocky.

Assistant U.S. Trade Representative Terry McCartin and Yang Jen-ni, deputy trade representative from Taiwan's Office of Trade Negotiations, took part in Wednesday's virtual meeting, where the two sides discussed intellectual property, e-commerce and supply chains. They also touched on how to streamline imports and exports of coronavirus vaccines.

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