Taiwan and the US on Thursday inked the first part of a new trade pact. Negotiated under the beak of a hawkish China, the pact is hailed by involved parties as the most significant trade deal between Taipei and Washington since Taiwan joined the World Trade Organization in 2002.
After a year of extensive talks, representatives from Taiwan and the US on Thursday signed the first round of a new trade deal between the democratic self-ruled island and its superpower ally.
