Biden administration announces $345 million weapons package for Taiwan


Source: cbsnews.com cbsnews.com

Key Topics in this News Article:

News Snapshot:

The Biden administration is sending Taiwan a $345 million package of weapons drawn from U.S. stockpiles, the White House announced Friday. This marks the first time the U.S. is sending equipment to Taiwan from its own stocks using the presidential drawdown authority. Congress authorized about $1 billion for presidential drawdown packages for Taiwan in the annual defense bill passed last year for the 2023 fiscal year. Drawing down from U.S. inventories is a quick way to transfer equipment, as evidenced by the more than 40 drawdowns the administration has sent Ukraine since August 2021. Drawdowns bypass the foreign-military sales process,...