Tariffs on imports only way to get fairness, says Trump    24 Democratic states and cities sue over Trump's bid to end birthright citizenship    As fighting in Gaza stops, Israel launches major military campaign in West Bank Israeli forces kill 10 Palestinians in Jenin    Saudi Arabia introduces national policy to eliminate forced labor    Al Hilal solidifies Saudi Pro League lead with a 4-1 victory over Al Wahda    Al Nassr secures hard-fought 3-1 victory over Al Khaleej in Saudi Pro League    Al Hilal signs young Brazilian talent Kaio César from Vitória Guimarães    Roberto Firmino's volley secures Al Ahli's 2-1 win over Al Ettifaq    Saudi foreign minister expresses cautious optimism about Syria Prince Faisal will visit Lebanon soon    Saudi Arabia is keen on continue working with US Princess Reema attends inauguration of President Trump    Arcapita & Parkway invest in a portfolio of high-growth Artificial Intelligence companies    Trump makes 'two genders' and anti-DEI policy official    "Dar wa Emaar" generates more than SR900 million in sales of "Tala al Khuzam" units within 2 months Unique housing and investment opportunity in north Riyadh    Saudi Aramco chief expects oil demand to rise by 1.3 million bpd this year    Saudi Minister of Economy and Planning meets with Schneider Electric chairman in Davos    Saudi Arabia takes part in Ministerial Meeting in New York in support of Yemeni government    Princess Hessa bint Salman attends launch of fashion design exhibition in Riyadh Princess Noura Al-Faisal: Art of Heritage showcases Saudi identity with a modern vision    Weight-loss drugs may boost health in many ways    Interior ministry introduces drone to enhance road security    Sir Anthony Hopkins mesmerizes Riyadh with his first live musical performance 'Life Is A Dream'    Bollywood star Saif Ali Khan 'out of danger' after attack at home in Mumbai    Order vs. Morality: Lessons from New York's 1977 Blackout    India puts blockbuster Pakistani film on hold    The Vikings and the Islamic world    Exotic Taif Roses Simulation Performed at Taif Rose Festival    Asian shares mixed Tuesday    Weather Forecast for Tuesday    Saudi Tourism Authority Participates in Arabian Travel Market Exhibition in Dubai    Minister of Industry Announces 50 Investment Opportunities Worth over SAR 96 Billion in Machinery, Equipment Sector    HRH Crown Prince Offers Condolences to Crown Prince of Kuwait on Death of Sheikh Fawaz Salman Abdullah Al-Ali Al-Malek Al-Sabah    HRH Crown Prince Congratulates Santiago Peña on Winning Presidential Election in Paraguay    SDAIA Launches 1st Phase of 'Elevate Program' to Train 1,000 Women on Data, AI    41 Saudi Citizens and 171 Others from Brotherly and Friendly Countries Arrive in Saudi Arabia from Sudan    Saudi Arabia Hosts 1st Meeting of Arab Authorities Controlling Medicines    General Directorate of Narcotics Control Foils Attempt to Smuggle over 5 Million Amphetamine Pills    NAVI Javelins Crowned as Champions of Women's Counter-Strike: Global Offensive (CS:GO) Competitions    Saudi Karate Team Wins Four Medals in World Youth League Championship    Third Edition of FIFA Forward Program Kicks off in Riyadh    Evacuated from Sudan, 187 Nationals from Several Countries Arrive in Jeddah    SPA Documents Thajjud Prayer at Prophet's Mosque in Madinah    SFDA Recommends to Test Blood Sugar at Home Two or Three Hours after Meals    SFDA Offers Various Recommendations for Safe Food Frying    SFDA Provides Five Tips for Using Home Blood Pressure Monitor    SFDA: Instant Soup Contains Large Amounts of Salt    Mawani: New shipping service to connect Jubail Commercial Port to 11 global ports    Custodian of the Two Holy Mosques Delivers Speech to Pilgrims, Citizens, Residents and Muslims around the World    Sheikh Al-Issa in Arafah's Sermon: Allaah Blessed You by Making It Easy for You to Carry out This Obligation. Thus, Ensure Following the Guidance of Your Prophet    Custodian of the Two Holy Mosques addresses citizens and all Muslims on the occasion of the Holy month of Ramadan    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



US, Taiwan sign new trade deal amid rising China tensions
Published in The Saudi Gazette on 01 - 06 - 2023

The US and Taiwan are set to sign a new trade deal on Thursday as tensions with China rise.
It will be the first agreement under a framework for talks between Washington and Taipei called the US-Taiwan Initiative on 21st Century Trade.
The announcement comes ahead of a high-level global security summit in Singapore this weekend.
In recent years, the relationship between the US and China has become increasingly strained.
Taiwan's Office of Trade Negotiations said the agreement will be signed in Washington on Thursday morning, US time.
Deputy United States Trade Representative Sarah Bianchi is expected to be at the event.
It will be the first agreement to be signed under the US-Taiwan Initiative on 21st Century Trade framework, which started last year.
The framework aims to strengthen economic ties between Washington and Taipei and open Taiwan to more US exports.
Beijing has denounced the trade talks, as it does with all forms of high-level engagement between the US and Taiwan, which it claims as its own territory.
The deal is expected to be signed ahead of the Shangri-La Dialogue annual defense summit, which begins on Friday.
US Defense Secretary Lloyd Austin and his Chinese counterpart Li Shangfu are expected to travel to Singapore for the event.
Earlier this week, the Pentagon said Beijing had declined Washington's invitation for the two officials to meet.
General Austin told reporters after meeting Japanese Defence Minister Yasukazu Hamada in Tokyo on Thursday that China's decision was "unfortunate".
Gen Austin added that it was important for countries with "significant capabilities" to talk to each other so they can "manage crises and prevent things from spiralling out of control unnecessarily".
Relations between Taiwan and China deteriorated sharply following a visit to the island by the then-US House Speaker, Nancy Pelosi in August.
Beijing condemned Ms Pelosi's visit as "extremely dangerous".
China sees the self-ruled island as a part of its territory and insists it should be unified with the mainland, by force if necessary.
But Taiwan sees itself as distinct from the Chinese mainland, with its own constitution and democratically-elected leaders. — BBC


Clic here to read the story from its source.