US senators on Thursday introduced draft legislation seeking to provide US$2 billion per year and other assistance to bolster’s Taiwan’s defenses as it faces rising pressure from China. The legislation, reviewed by Reuters, would authorize US$2 billion a year in Foreign Military Financing — US grants and loans that enable countries to purchase weapons and defense equipment produced in the US — through 2032 for Taiwan. While the bill is sponsored only by Republicans, the minority party in the US Senate, it adds to pressure from the US Congress on US President Joe Biden, a Democrat, for bolder action to...