US Treasury Secretary tries to ease further tension after Trump signs act aimed at regularly reviewing and updating guidelines with Taiwan.

US Treasury Secretary Scott Bessent on Wednesday described the United States as an ally to both mainland China and Taiwan, while at the same time asserting that its relationships have not shifted, hours after US President Donald Trump enacted legislation deepening US ties with the self-governed island. Asked about concerns among some in Washington about the Trump administration’s approach to the long-held policy of strategic ambiguity on the Taiwan issue at The New York Times DealBook Summit,…

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