Taiwan hopeful after reprieve


Taiwan was one of the relatively few parties that’s been making steady progress in its negotiations with the United States. — Bloomberg

TAIPEI: Taiwan has indicated that it is cautiously optimistic about talks with the United States after avoiding a letter from the Trump administration notifying trading partners of new tariff rates.

It would have been more favourable not to receive one of the missives, and getting one suggests a more difficult position in the talks, said a national security official in Taipei, who asked not to be identified discussing the sensitive matter.

Additionally, Taiwan was one of the relatively few parties that’s been making steady progress in its negotiations with the United States, the official added on Tuesday.

Still, the official said a final verdict on the talks would have to wait until the two sides produced concrete results. — Bloomberg

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