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U.S. and Taiwan deepen economic ties amid china tensions

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2 years ago

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U.S. announces it will start formal talks on trade and investment with Taiwan

The formal negotiations will deepen economic ties, but the move will heighten tensions with China.

The first round of trade talks is set to take place “early this fall”

This information comes from the Office of the U.S. Trade Representative

The deal would tighten ties on digital trade, agri­cul­ture, labor and environment standards among other issues.

The office added it wants to advance mutual trade priorities based on shared values, and promote innovation and inclusive economic growth for our workers and businesses.

“The United States and Taiwan will seek to will 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,” the office said in the statement.

Meanwhile, Taiwan’s Office of Trade Negotiations said in a statement that it want to promote trade of its agricultural products and help small and medium-sized enterprises expand to U.S. markets.

The island’s Office of Trade Negotiations said signing trade deals with the US would “not only help” Taiwan join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership, but would “deepen institutionalized links with other countries.”

“Both sides have shown a high degree of ambition and look forward to achieving concrete results as soon as possible and signing a trade agreement,” Taiwan’s trade negotiations office added.

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Leaders

Trump does not want another debate rematch with Harris

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9 hours ago

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September 13, 2024

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Republican nominee Donald Trump said on he would not participate in another presidential debate against Kamala Harris ahead of the Nov. 5 election.

“THERE WILL BE NO THIRD DEBATE!” the former president wrote on social media site Truth Social.

Although Trump touted his performance on Tuesday against Harris, six Republican donors and three Trump advisers believe Harris had won the debate largely because Trump was unable to stay on message, according to a report by Reuters. #featured #trending

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News

Billionaire & engineer make history after world’s first private space mission

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15 hours ago

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September 13, 2024

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A billionaire and an engineer have made history with the world’s first private spacewalk aboard SpaceX’s Crew Dragon capsule.

Jared Isaacman and Sarah Gillis stepped outside SpaceX’s Crew Dragon capsule for nearly two hours, tethered to the craft as it orbited Earth.

This risky mission tested new spacesuits and technology, pushing the limits of private space travel. #featured #trending

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Money

What to expect for IPO markets

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21 hours ago

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September 13, 2024

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With high interest rates and geopolitical uncertainty–what’s in store for IPO markets?

As the second half of 2024 begins, the IPO market is poised for a potential rebound after a sluggish start to the year.

With improving economic conditions and renewed investor confidence, more companies seem to be considering going public, creating market optimism.

However, challenges such as inflation and geopolitical uncertainties remain key factors to watch.

Dean Quiambao, a partner at Armanino joins Veronica Dudo to discuss what experts are predicting for the IPO landscape in the coming months and how businesses are positioning themselves for success.

#IN AMERICA TODAY #trending #IPO #IPOmarkets #ratecuts

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