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Reuters
Reuters
Business
By Sarah Wu

Taiwan confident it can sign 'high standard' U.S. trade deal

Taiwan President Tsai Ing-wen meets U.S. Representative Stephanie Murphy (D-FL) and other members of the U.S. delegation at the presidential office in Taipei, Taiwan September 8, 2022. Taiwan Presidential Office/Handout via REUTERS

Taiwan is confident it can sign a "high standard" trade deal with the United States under a new framework, President Tsai Ing-wen told a visiting group of U.S. lawmakers on Thursday.

Washington and Taipei unveiled the U.S.-Taiwan Initiative on 21st Century Trade in June, days after the Biden administration excluded the Chinese-claimed island from its Asia-focused economic plan designed to counter China's growing influence.

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