Current:Home > ContactBiden administration announces $345 million weapons package for Taiwan -Edge Finance Strategies
Biden administration announces $345 million weapons package for Taiwan
Fastexy Exchange View
Date:2025-04-10 19:25:50
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, which can take years to deliver weapons and equipment. What will be in the drawdown package for Taiwan and its estimated delivery date are not yet clear.
Defense Department spokesman Lt. Col. Martin Meiners said the drawdown "includes self-defense capabilities that Taiwan will be able to use to build to bolster deterrence now and in the future." And he added, "Systems included in the $345 million package address critical defensive stockpiles, multi-domain awareness, anti-armor and air defense capabilities."
The transfer of equipment is part of the U.S. commitment to support Taiwan's self defense to deter or stop a potential Chinese attack. China is developing the military capability to invade Taiwan by 2027, although senior U.S. officials say this doesn't mean China has decided to attack or invade Taiwan.
"The decision-making process would still have to occur," Joint Chiefs of Staff Chairman Gen. Mark Milley said earlier this month. "You want to make sure every single day President Xi wakes up and says today's not that day, and that that decision never comes. That's the whole essence of deterrence."
The announcement will likely anger Beijing, just as the U.S. and China have started reestablishing relations after the Chinese spy balloon incident. Several senior leaders have met over the summer, but military-to-military relations remain dormant. Defense Secretary Lloyd Austin still has not met with his Chinese counterpart Li Shangfu since Li took office in March.
- In:
- Taiwan
- China
CBS News reporter covering the Pentagon.
TwitterveryGood! (99494)
Related
- McConnell absent from Senate on Thursday as he recovers from fall in Capitol
- Bomb at political rally in northwest Pakistan kills at least 44 people and wounds nearly 200
- Maine’s biggest newspaper group is now a nonprofit under the National Trust for Local News
- Man dies after being electrocuted while jumping into Georgia's Lake Lanier
- Cincinnati Bengals quarterback Joe Burrow owns a $3 million Batmobile Tumbler
- Elon Musk, X Corp. threatens lawsuit against anti-hate speech group
- As regional bloc threatens intervention in Niger, neighboring juntas vow mutual defense
- Many low-wage service jobs could be eliminated by AI within 7 years, report says
- Military service academies see drop in reported sexual assaults after alarming surge
- Appeals court lets Kentucky enforce ban on transgender care for minors
Ranking
- $73.5M beach replenishment project starts in January at Jersey Shore
- Mother of former missing Arizona teen asks the public to move on in new video
- The Mets are trading 3-time Cy Young Award winner Justin Verlander to the Astros, AP source says
- Beijing's worst flooding in a decade kills at least 2 as China grapples with remnants of Typhoon Doksuri
- SFO's new sensory room helps neurodivergent travelers fight flying jitters
- Mega Millions jackpot soars over $1 billion: When is the next drawing?
- Memphis police shoot man who fired gun outside a Jewish school, officials say
- Connecticut US Rep. Rosa DeLauro gets inked at age 80 alongside her 18-year-old granddaughter
Recommendation
Juan Soto praise of Mets' future a tough sight for Yankees, but World Series goal remains
The Crimean Peninsula is both a playground and a battleground, coveted by Ukraine and Russia
Beauty on a Budget: The Best Rated Drugstore Foundations You Can Find on Amazon for Amazing Skin
Georgia judge rejects Trump bid to quash grand jury report and disqualify district attorney
Federal Spending Freeze Could Have Widespread Impact on Environment, Emergency Management
Hawaii could see a big hurricane season, but most homes aren’t ready
Treat Williams' Family Honors Late Everwood Actor With Celebration of Life
'Home Improvement' star Zachery Ty Bryan arrested for domestic violence (again)