WASHINGTON D.C. - President Joe Biden has signed a bill authorizing a significant aid package to Taiwan. The Taiwanese government has announced that it plans to use a portion of these funds to acquire the popular social media platform, TikTok.
The aid package, which amounts to $95 billion, is intended to provide assistance to several countries, including Ukraine, Israel, and Taiwan1. The bill was passed with bipartisan support in both the House and Senate.