Taiwan hails its ‘best’ trade deal with US, as China protests

TAIPEI, Taiwan (AP) — Taiwan’s premier on Friday hailed a new trade deal with the United States as the “best tariff deal” enjoyed by countries with trade surpluses with Washington, as meanwhile a Chinese official in Beijing condemned the accord.

The agreement cuts U.S. tariffs on Taiwanese goods to 15% in exchange for $250 billion in new investments in the U.S. tech industry. It is comparable to deals with the European Union and Japan worked out after President Donald Trump proposed sweeping...