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Taiwan plans $40 billion defense budget with missiles and drones for coastal strike missions

Taiwan will inject about 40 billion dollars in additional defense spending between 2026 and 2033, President Lai Ching-te said at a press conference carried by Reuters, framing the package as part of a broader effort worth nearly 62 billion dollars to make any Chinese attack vastly more costly and uncertain. The announcement follows a call in which Chinese President Xi Jinping reiterated Beijing’s claim over the island to U.S. President Donald Trump, while U.S. officials continued to press Taipei to move defense spending toward roughly 5 percent of GDP by 2030. Lai’s message was blunt: national security is not negotiable, and Taiwan intends to shoulder a larger share of the deterrence burden alongside its partners. Read more. 

The objective behind these planned investments is to make any cross-Strait operation much more complex for the People’s Liberation Army. (Picture source: Taiwanese MoD)


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