U.S. announces planned $2.37 billion weapon sale to Taiwan
The HinduThe Trump administration on Monday notified Congress of plans for a $2.37 billion sale of Harpoon missile systems to Taiwan just hours after Beijing announced sanctions on U.S. defense contractors, including Boeing, the lead contractor on the Harpoon deal. Earlier Monday, China said it was imposing sanctions on Boeing, Lockheed Martin and other U.S. defense firms for providing weapons to Taiwan. "In order to safeguard national interests, China decided to impose sanctions on the American companies that were involved in arms sales to Taiwan,” Zhao said. China is one of Boeing’s biggest markets for commercial aircraft, which might make it vulnerable to a boycott, but Zhao mentioned only Boeing’s military arm, Boeing Defense, not its civilian jetliner business.