US and Taiwan hold trade talks in a move blasted by China

U.S. trade officials have traveled to Taiwan to kick off four days of negotiations over a proposed trade deal that has drawn opposition from the People's Republic of

China. The meeting between U.S. and Taiwanese negotiators in Taipei – which began Saturday and is scheduled to run through Tuesday – marks the first formal negotiations over

the text of a trade agreement after an initial round of meetings in November. The talks will focus on proposed deals covering anti-corruption standards, trade by small- and

medium-sized businesses, regulatory practices, and trade facilitation. As the U.S. and Taiwan reach agreements in some of these areas, the two sides may announce standalone

deals on those subjects for what Taiwanese officials called an "early harvest" as momentum builds toward a broader trade agreement. Two areas that have proven more challenging

between the U.S. and Taiwan – agriculture and digital trade – are likely to take longer to negotiate. BLOCKADE OF TAIWAN BY CHINA COULD COST WORLD ECONOMY OVER $2 TRILLION,

REPORT FINDS The potential trade deal between Taiwan and the U.S. has rankled Chinese officials, a spokesman for the Chinese Embassy accused Americans of "wrongdoing" by

even negotiating the deal, the Wall Street Journal reported in November.  "China is always against any country negotiating economic and trade agreements of sovereign

implication or official nature with China’s Taiwan region," the spokesman said.