Biden blunders on Taiwan… again. China unveils fresh tax relief. Airbnb closes China operations. Here’s what you need to know today.
Oops, Biden did it again. When asked at a Tokyo press conference if the US would intervene militarily to defend Taiwan in the event of an attack from China, the president answered: “Yes. It’s a commitment we made.” (Watch that here). However, his comment was later walked back by White House officials, who said he simply meant the US would provide military aid to Taiwan, not send in troops. Biden has repeatedly used language about Taiwan that appeared to alter long-standing policy. Last year, he or his aides needed to clarify remarks on Taiwan on at least four separate occasions. And it’s not just Taiwan. In late March aides were forced to deny the US was seeking regime change in Russia when Biden went off script during a speech on war in Ukraine and said of Vladimir Putin: “For God’s sake, this man cannot remain in power.”