The US and Taiwan agreed to a long-sought trade pact that would lower tariffs on goods from the self-governed island to 15% and see Taiwanese semiconductor companies increase financing for American operations by $500 billion.

Commerce and Industry Minister Piyush Goyal on Monday met US Ambassador to India Sergio Gor and American Senator Steve Daines to discuss issues related to ties between the two countries.

The U.S. and Taiwan have signed a trade deal involving $250 billion in new investments by Taiwan's semiconductor and tech companies in the U.S.

Minister for Enterprise Peter Burke said US tactics on Greenland were effectively “tearing apart” the EU-US trade deal agreed in July. He claimed Donald Trump’s latest tariff threats were “coercive” and had cast a “shadow” over transatlantic trade, adding yet more “uncertainty” for firms.

France supports the suspension of a trade deal between the European Union and the United States, Foreign Minister Jean-Noel Barrot told parliament on Tuesday, as a row over the future of Greenland intensified.

Taiwan’s premier has hailed a new trade deal with the United States as the “best tariff deal” enjoyed by countries with trade surpluses with Washington, while an official in Beijing condemned the accord.

NATO leaders escalate warnings that Trump's aggression toward Greenland threatens alliance with the US.