Washington is poking the dragon.
A major Thursday announcement from the Office of the US Trade Representative is sure to continue pitting Beijing and Washington on a path of escalation and collision course over Taiwan, as the US and Taipei have agreed to begin formal talks on a trade pact.
The Taiwan side has also confirmed that negotiations will start early this fall, with the areas to be covered including trade facilitation, regulatory practices, anticorruption, agriculture, environmental standards, and other area, according to the US executive agency’s website.
Deputy U.S. Trade Representative Sarah Bianchi said the formal talks will aim to “deepen our trade and investment relationship, advance mutual trade priorities based on shared values, and promote innovation and inclusive economic growth for our workers and businesses.”
China Condemns Newly Announced Formal US-Taiwan Trade Talks | ZeroHedge