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trade and political tensions with china. the move sparked a warning from beijing, which considers taiwan part of chinese territory. samira hussain has more. trade between the united states and taiwan amounts to about $75 billion a year. that number is dwarfed by china's trade with taiwan, which stands at a massive $120 billion a year. by signing this trade deal, the us is looking to build its presence in asia and rival china. taiwan for its part is looking to reduce its economic dependence on china, especially in light of the geopolitical tensions between it and beijing. unsurprising...

against taiwan in recent years, increasing military drills in the seas around the island, and working to cut off its official ties with countries around the world. discussions between washington and taipei began in august of last year. this current agreement covers issues like customs with regard to trade, anti—corruption measures, and investment opportunities for small and medium—sized enterprises. let's stay on the topic of tensions between the us and china — asia's biggest annual security summit gets under way later in singapore. defence leaders from more than a0 countries w...

taiwan in recent years, increased military drills in the seas around the island, and working to cut off its official ties with countries around the world. discussions between washington and taipei began in august of last year. this current agreement covers issues like customs with regard to trade, anti—corruption measures, and investment opportunities for a small and medium—sized enterprises. let's stay on the topic of tensions between the us and china — asia's biggest annual security summit gets under way later in singapore. defence leaders from more than a0 countries will mee...

deal this is?" why would biden say what a good deal is before a vote? you think that'll help you get past? no.— a vote? you think that'll help you get past? no. katrina els told me earlier _ you get past? no. katrina els told me earlier that _ you get past? no. katrina els told me earlier that investorsi told me earlier that investors around the world are welcoming the news. 50 around the world are welcoming the news. ~' �* around the world are welcoming the news. ~ �* , the news. so i think we've seen a collective _ the news. so i think we've seen a collective sigh _ the news....

i hear some of you guys say is, "why didn't biden say what a good deal this is?" why would biden say what a good deal it is before a vote? you think that'll help it get passed? no. katrina els told me earlier that investors around the world are welcoming the news. so i think we've seen a collective sigh of relief coming from international markets as a result of this tentative deal breaking. i think it really cements the fact that we will avoid that more calamitous situation of a us default which would have been absolutely awful for the us economy, but also for really increasing and r...