Taiwan to massively hike 2026 defence budget as US presses spending increase
- Posted on August 21, 2025
- By Business News Today
- 3 Views
Taiwan to massively hike 2026 defence budget as US presses spending increase
Taiwan's defence spending will now exceed 3% of its GDP. This move aims to counter China's growing military pressure. The increased budget will fund new equipment and naval defenses. It also includes coast guard spending for the first time. This decision reflects Taiwan's commitment to national security.
