Market
How will U.S. policy towards Taiwan change by June 30, 2025, under Biden?
2
Resolution / Starting Odds
Increased military support • 25%
Decreased military support • 25%
Maintained current level of support • 25%
Diplomatic shift without military change • 25%
Official policy announcements from the White House or U.S. State Department
Story
Biden Approves $571 Million Military Aid Package for Taiwan and $265 Million Arms Sales Amid Rising Tensions with China
Dec 21, 2024, 08:47 PM
U.S. President Joe Biden has approved a military aid package worth $571.3 million for Taiwan, as confirmed by the White House. This decision comes as Biden prepares to leave office ahead of the inauguration of Donald Trump in January. The aid package is part of ongoing U.S. support for Taiwan amid rising tensions with China. In addition to the military assistance, the U.S. State Department has also approved potential sales of military equipment to Taiwan, valued at approximately $265 million. The Chinese government has strongly criticized the U.S. decision, stating that it violates the 'one China principle' and has lodged formal protests against the military assistance and arms sales. A Chinese foreign ministry spokesperson warned that such actions are akin to 'playing with fire' and will have serious repercussions for U.S.-China relations.
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Similar markets
Decreased support for Taiwan • 25%
Other • 25%
No significant change • 25%
Increased support for Taiwan • 25%
Increased support for Taiwan • 25%
Decreased support for Taiwan • 25%
Maintains current policy • 25%
Neutral stance • 25%
Status quo maintained • 25%
Decreased support • 25%
Increased support • 25%
Policy reversal • 25%
Decrease support for Taiwan • 25%
Increase support for Taiwan • 25%
Shift to a neutral stance • 25%
Maintain current policy • 25%
Decrease in military aid • 25%
No significant change • 25%
Other • 25%
Increase in military aid • 25%
Increased tensions • 25%
Status quo maintained • 25%
Improved relations • 25%
Significant conflict • 25%
Complete cessation of military interactions • 25%
Increase in military interactions • 25%
Decrease in military interactions • 25%
No change in military interactions • 25%
Other • 25%
Strengthened military agreements • 25%
No change in agreements • 25%
Reduced military agreements • 25%
Halt arms sales • 25%
Issue diplomatic statement only • 25%
Cease military contacts • 25%
No action taken • 25%
