How China is ‘putting its money where its mouth is’ by buying US military equipment
On December 6, 2018, the United States Congress passed the 2018 National Defense Authorization Act, which authorizes the Department of Defense to buy $1.5 trillion in military equipment.
The bill was signed into law by President Donald Trump, who stated the move would “put our money where our mouth is.”
According to the Associated Press, the Department was awarded more than $100 billion in equipment over the last decade.
The US military currently operates more than 5,300 aircraft, ships, submarines, land-based missiles, and fighter jets.
It also has a massive number of troops stationed in the Asia-Pacific region, including Okinawa, Guam, Hawaii, and Japan.
In the past, the Pentagon has purchased equipment from Taiwan and Vietnam.
According to USA Today, Taiwan is one of the top suppliers of weapons systems to the US military.
Vietnam is the second-largest supplier of US military hardware to the country.
The United States is the fourth-largest arms exporter in the world, after the United Kingdom and Russia.
The military spending has been a major focus of Trump’s administration.
During his inauguration, the president promised to increase military spending by $54 billion over the next decade.
This includes $16 billion in the Department’s 2017 budget request, as well as $8 billion in 2018 and $4 billion in 2019.
It has been estimated that $16 trillion dollars will be spent on the military during the next 10 years.
This number is expected to rise over the coming years as Trump tries to push through his agenda, including tax reform, a massive infrastructure investment, and a large-scale military buildup.