Bloomberg Business

US, Taiwan Agree to Lift Trade, Clouding Planned China Talks

The US and Taiwan agreed to boost trade ties, the first tangible results under an initiative announced last year that faces vehement opposition from Beijing and clouds the outlook for a visit to the US next week by a Chinese commerce official.

Tesla Stops Short of Committing to India Plant in Renewed Talks

A delegation of Tesla Inc. executives to India discussed the possible local sourcing of components and incentives but stopped short of proposing to build vehicles in the country, people familiar with the matter said, after the electric carmaker reopened dialog with the government after a year-long impasse.

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