The United States said on Monday it was establishing a new bilateral economic dialogue with Taiwan, an initiative it said was aimed at strengthening ties with Taipei and supporting it in the face of increasing pressure from Beijing.

Washington also said it had declassified six Reagan-era security assurances given to Taiwan, a move analysts said appeared intended to show further support for Taipei.

The announcements come at a time of increasing Chinese threats toward Taiwan, and when relations between Washington and Beijing have sunk to their lowest level in decades. U.S. President Donald Trump is campaigning for re-election in November with a tough approach to China among his key foreign policy platforms.