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President Joe Biden holds a microchip as he speaks before signing an executive order on securing critical supply chains in the State Dining Room of the White House in Washington on Feb. 24, 2021. SAUL LOEB/AFP via Getty Images
The Biden administration has approved the potential sale of Volcano anti-tank munition-laying systems to Taiwan for an estimated $180 million, the State Department announced on Dec. 28.
The possible sale comes as tensions between communist Beijing and liberal-democratic Taiwan continue to escalate.