ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print
Taiwan tensions

U.S., Taiwan to start formal trade talks under new initiative

Negotiations over 11 sectors set for autumn despite Beijing's objections

Taiwan President Tsai Ing-wen shown here speaking with U.S. Senator Ed Markey and other members of a U.S. congressional delegation at the presidential office in Taipei on Aug. 15.   © Reuters

TAIPEI (Reuters) -- The United States and Taiwan have agreed to start trade talks under a new initiative to reach agreements with "economically meaningful outcomes," with a Taiwan official saying China's "economic coercion" would also be discussed.

Washington and Taipei unveiled the U.S.-Taiwan Initiative on 21st-Century Trade in June, just days after the Biden administration excluded the Chinese-claimed island from its Asia-focused economic plan designed to counter China's growing influence.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more