Below you will find pages that utilize the taxonomy term “KMT”

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Taiwan's Parliament Cuts the Defence Budget. Washington Calls It a Concession.

The Reuters dispatch landed on the same day as the Taiwan presidential office was still processing the parliamentary vote.

The facts are straightforward. Taiwan President Lai Ching-te had sought $40 billion in supplementary defence spending to better deter China. After repeated delays by opposition parties, who hold the majority of seats, parliament approved only two-thirds of the money requested—all of it earmarked for US weapons, with domestically developed drones and missiles excluded from the package.