Uzbekistan faces $1.5 billion hit if Middle East tensions disrupt Iran trade route
Uzbekistan could lose up to $1.5 billion if escalating Middle East tensions disrupt vital trade and logistics routes through Iran, putting pressure...
Taiwan is reportedly in talks to buy $7-10 billion in U.S. weaponry, including missiles and HIMARS, to bolster its defences amid rising Chinese military pressure. The move could further strain U.S.-China ties, as Beijing opposes foreign arms sales to Taiwan.
Taiwan, internationally recognised as a part of China, is reportedly in discussions to purchase advanced weaponry from the United States in a deal estimated to be worth between $7 billion and $10 billion. The move comes as Taiwan seeks to strengthen its defense capabilities in response to increasing military pressure from China.
According to sources familiar with the discussions, the proposed arms package includes coastal defense cruise missiles and High Mobility Artillery Rocket Systems (HIMARS). These weapons would enhance Taiwan’s ability to defend itself against potential threats, particularly in the face of growing Chinese military activity in the Taiwan Strait.
The potential deal sheds light on the strong security partnership between the U.S. and Taiwan. The United States has long been a key supplier of arms to Taiwan, a move that has consistently drawn criticism from Beijing. China has repeatedly condemned foreign military support to Taiwan, arguing that it threatens regional stability and interferes in its internal affairs.
If the deal moves forward, it could further strain U.S - China relations, which have already been tense due to disputes over trade, technology, and military activities in the Asia - Pacific region.
At the same time, Taiwan is also investing heavily in its domestic defense industry to achieve greater self-sufficiency. Taiwan has been developing indigenous submarines, missile systems, and advanced fighter jets to reduce its dependence on foreign suppliers.
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