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Taiwan cuts tariffs to keep Honduras on its diplomatic side

Taiwan on Friday cut to zero tariffs on 25 goods imported from Honduras under a free-trade agreement, offering an incentive ahead of this month’s inauguration of a new president who had threatened to break off diplomatic ties with Taipei.Honduras is one of only 14 countries that maintain formal diplomatic relations with Chinese-claimed Taiwan.Prior to winning November’s presidential election, Xiomara Castro of the leftist Liberty and Refoundation Party (Libre) said that if victorious, she would… ...

Taiwan on Friday cut to zero tariffs on 25 goods imported from Honduras under a free-trade agreement, offering an incentive ahead of this month’s inauguration of a new president who had threatened to break off diplomatic ties with Taipei.Honduras is one of only 14 countries that maintain formal diplomatic relations with Chinese-claimed Taiwan.Prior to winning November’s presidential election, Xiomara Castro of the leftist Liberty and Refoundation Party (Libre) said that if victorious, she would…

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