Taiwan, US ink ‘best’ trade deal; Beijing fumes

AP

Taipei, Updated At : 02:04 AM Jan 17, 2026 IST

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Taiwan’s premier on Friday hailed a new trade deal with the United States as the ‘best tariff deal’ enjoyed by countries with trade surpluses with Washington, as meanwhile a Chinese official in Beijing condemned the accord.

The agreement cuts US tariffs on Taiwanese goods to 15 per cent in exchange for $250 billion in new investments in the US tech industry. It is comparable to deals with the EU and Japan worked out after President Donald Trump proposed sweeping tariffs for many US trading partners. “China always firmly opposes countries developing diplomatic relations with China’s Taiwan region,” a Chinese Foreign Ministry official said.

Taiwan, US ink ‘best’ trade deal; Beijing fumes

AP

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