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The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
On May 22, the US Pentagon announced a temporary pause on a $14 billion arms package for Taiwan. Acting Navy Secretary Hung Cao cited the need to ensure missile and interceptor stockpiles for the war with Iran as the reason for the pause. Reports suggest that Beijing is pressuring the Trump administration by withholding approval for Pentagon visits until the arms deal is decided.