- Biden administration is preparing a $500m weapons package for Taiwan.
- Package will involve sending existing stockpiles of US weapons or support equipment.
- US will use Presidential Drawdown Authority to sidestep contracting and producing weapons.
- Congress authorized President Biden to use up to $1bn in US inventory for Taiwan democracy.
- Request likely to anger China and cuts against Biden's effort to restore stability to contacts with Beijing.
US Prepares to Fast Track $500 Million of Arms for Taiwan
The Biden administration is preparing a $500 million weapons package for Taiwan, using a fast-track authority that it has relied on to speed arms to Ukraine, people familiar with the matter said.
