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Trump Approves $11 Billion Arms Sale to Taiwan

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Story summary
  • President Donald Trump’s administration approved an $11 billion arms sale to Taiwan, the largest ever.
  • A second arms package to Taiwan is valued at about $14 billion.
  • Deputy Foreign Minister Francois Wu said Taiwan’s defense and semiconductor output are U.S. interests.
  • U.S. ambassador to China David Perdue told CNBC Trump has not altered the 1979 Taiwan Relations Act policy.