Prøve GULL - Gratis
CHALLENGES AND PREDICAMENTS IN THE TAIWAN STRAIT: FROM BIDEN TO TRUMP 2.0
The Business Guardian
|December 04, 2024
President Biden continued Trump's policy of strengthening ties with Taiwan but adopted a more measured approach. His administration allocated $4.5 billion in military aid to Taiwan and designated it as a 'Major Non-NATO Ally,' enhancing the island's defensive capabilities against Chinese aggression. Additionally, Congress extended the initiative by adding an extra year and $2 billion in foreign military financing, raising the total to $6.5 billion through fiscal year 2027.
The Taiwan Strait remains a pivotal region in global geopolitics, where US policies play a crucial role in influencing regional stability. Under President Biden, US-Taiwan relations strengthened significantly, with a focus on defense cooperation and economic partnerships. With the return of Donald Trump to the White House, questions arise about the future direction of US policy toward Taiwan amid escalating tensions with China.
THE TRUMP 1.0 LEGACY
During his first term (2017-2021), President Donald Trump made a significant shift in US policy toward Taiwan, particularly in its dealings with China. In an unprecedented move, he spoke with Taiwanese President Tsai Ing-wen shortly after his election, setting the tone for his administration's approach. This call, the first communication between a US president-elect and a Taiwanese leader in nearly four decades, enraged Beijing, which considers Taiwan a breakaway province. Trump's disregard for China's "One China" policy signaled his administration's broader strategy to confront China on multiple fronts, ranging from trade to military presence in the region. The Trump administration approved over $18 billion in arms sales to Taiwan, including high-profile F-16 fighter jets, emphasizing support for Taiwan's military readiness against growing Chinese threats. According to the Security Assistance Monitor, Taiwan ranked as the second.
arms offers in 2019 and the fifth highest in 2020. Additionally, US Navy operations in the Taiwan Strait challenged Beijing's territorial assertions, showcasing a commitment to maintaining freedom of navigation in the region.
Denne historien er fra December 04, 2024-utgaven av The Business Guardian.
Abonner på Magzter GOLD for å få tilgang til tusenvis av kuraterte premiumhistorier og over 9000 magasiner og aviser.
Allerede abonnent? Logg på
FLERE HISTORIER FRA The Business Guardian
The Business Guardian
APPLE TO DEBUT BURGUNDY IPHONE
Seoul: Apple is reportedly planning a major color refresh for next year's iPhone 18 Pro lineup, introducing a new burgundy finish as its latest \"premium color.\"
1 min
November 09, 2025
The Business Guardian
K-BEAUTY GIANT AMOREPACIFIC SOARS
Seoul: South Korean cosmetics company Amorepacific Co. saw its shares surge Friday morning, following upbeat market assessments of its robust third-quarter earnings, as per a report by Pulse, the English service of Maeil Business News Korea.
1 min
November 09, 2025
The Business Guardian
Rs 1 lakh crore fund to mitigate R&D risks: Secy DST
The recently launched Rs 1 lakh crore Research Development and Innovation (RDI) fund, particularly focused on India's private sector, aims to support the private research and innovation mindset among players and mitigate the financial risks associated with it.
2 mins
November 09, 2025
The Business Guardian
AI boom drives Taiwan's exports to record $61.8 billion in October
Taiwan's exports in October surged 49.7 per cent year-on-year to USD 61.8 billion, a record monthly high, driven by strong global demand for artificial intelligence technologies (AI), according to Focus Taiwan.
1 mins
November 09, 2025
The Business Guardian
Singapore, Canada-based startups keen to explore Indian market
Several international startups from Singapore and Canada have expressed interest in expanding into India, citing its massive market potential, rapid economic growth, and supportive startup ecosystem.
1 mins
November 09, 2025
The Business Guardian
India's EV retail sales rise across segments in October
India's electric vehicle (EV) retail market in October 2025 expanded across all segments, led by electrifying gains in passenger and commercial vehicles, while twoand three-wheeler growth remained relatively modest.
1 mins
November 09, 2025
The Business Guardian
CENTRE NOTIFIES HIGH SEAS FISHING RULES
In a major step toward realising the vision of a prosperous and inclusive Blue Economy, the Government of India has notified the Rules for Sustainable Harnessing of Fisheries in the Exclusive Economic Zone (EEZ).
1 mins
November 09, 2025
The Business Guardian
Metsera accepts Pfizer's $10 billion offer
Obesity drug developer Metsera said on Friday that it accepted Pfizer's $10 billion acquisition offer, in what could be the end of a bidding war between the New York-based pharma giant and rival Novo Nordisk that erupted over the past week.
1 mins
November 09, 2025
The Business Guardian
MEXICO, FRANCE TO DEEPEN ECONOMIC TIES
Mexico and France announced plans Friday to boost their economic partnership and cultural cooperation as Mexico seeks to strengthen trade relationships with Europe while still under tariffs imposed by the Trump administration.
2 mins
November 09, 2025
The Business Guardian
Trump accuses foreign-owned meat packers of inflating US beef prices
President Donald Trump on Friday accused foreign-owned meat packers of driving up the price of beef in the U.S. and asked the Department of Justice to open an investigation.
1 mins
November 09, 2025
Listen
Translate
Change font size
