Currently, Taiwan has set an increase in its defense budget to 3.3% of its GDP for 2026, allocating $949.5 billion Taiwan dollars ($31.18 billion). U.S. President Donald Trump has demanded Taiwan raise its defense spending to as much as 10% of GDP, a proportion well above what the U.S. or any of its major allies spend.
Lai had previewed the announcement in an op-ed for The Washington Post on Wednesday, saying the special budget would be used to purchase arms from the U.S. He told reporters Wednesday, however, that the budget has nothing to do with the government’s tariff negotiations with the U.S.
They aren’t caught between anything. Taiwan is very much aligned with western imperial countries. It’s basically an island that all the wealthy capitalists ran away to after China imposed economic democracy. They love America and America loves them.
I think you’re thinking of Singapore (or Switzerland, or the UAE).
They are not thinking of those places, but it is kind of helpful of you to point out other countries where the US empire has repeated the same strategy
US empire and wealthy capitalists aren’t the same thing, although their interests sometimes align.
All the billionaires in Taiwan are Taiwanese.
Wealthy capitalists, if they’re not based in the US, have moved to those places, not to Taiwan.
Genuinely, without snark, check out the term comprador
I don’t get the point you’re trying to make.
I said the wealthy capitalists went to not!Taiwan because the billionaires in Taiwan were already there.
Who is or is not a comprador has nothing to do with where wealthy capitalists relocate.
USA has something like 800 army bases located outside the USA. No other country has even 1 I believe. South Korea is another country that is essentially a US proxy state.
China has a naval one in Djibouti.
I was talking about the wealthy capitalists
You mean they imposed economic dictatorship where capitalist own businesses and decide how they operate in autocratic manner. Economic democracy would be literally the opposite of capitalism where you have publicly owned industry and worker cooperatives where workers are able to exercise democratic control.
My bad. I see what you mean now.
I think I see what you mean about Taiwan as a proxy state for the US.
I don’t think they see themselves as that, but they do basically owe their continued independence from China to the fact that the US values them as a pawn in the battle for global power.