Taiwan: Reduced Defense Package Funds U.S. Arms, Exposes Domestic Buildout Gap

Taiwan's opposition-controlled Legislative Yuan approved around $24.9 billion in extra defense spending, roughly two-thirds of the nearly $40 billion requested by the government of President William Lai, after the Kuomintang and Taiwan People's Party narrowed the package to only U.S. weapons rather than Lai's proposed broader mix of U.S. arms and domestic arms production, the Financial Times reported on May 8....