Biden signs R$490 billion in aid for Israel, Ukraine and Taiwan

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The package had been approved on Tuesday by the US Congress before being sent for presidential approval. (Photo: Reproduction)

The President of the United States, Joe Biden, signed this Wednesday (24) a US$95 billion (equivalent to R$490.4 billion) war aid measure that includes aid for Ukraine, Israel and Taiwan and which also has a provision that would force the social media site TikTok to be sold or banned in the US.

The package had been approved on Tuesday by the US Congress before being sent for presidential approval.

With the laws approved, the United States owes the following amounts to its allies abroad:

US$61 billion for Ukraine;
$26 billion for Israel and humanitarian aid for civilians in conflict zones;
US$8.12 billion for Taiwan.

The package also includes the transfer of seized Russian assets to Ukraine, new sanctions against Iran, as well as a law that could pave the way for TikTok to be banned in the country. Understand more below.

After approval, Biden stated that the United States is already preparing to send $1 billion in military aid to Ukraine.

“Now we need to act quickly, and we are doing so,” said Biden, at an event at the White House to announce the signing.

US aid to Ukraine will come at a time when the country faces shortages of military supplies. Ukrainian President Volodymyr Zelensky had been pressing the West for collaboration.

The US press said the aid package could be the last approved by Congress before the presidential election, scheduled for November.

TikTok
The law approved by the United States Congress, and which must be sanctioned by Biden, obliges ByteDance — owner of TikTok — to dispose of its assets on North American soil and find a “trustworthy” buyer.

In theory, ByteDance will have to sell TikTok’s operations within the United States to another company that has no relationship with the Chinese company.

The company will have 270 days to sell TikTok. The deadline may be extended by agreement for another 90 days. If the law is not complied with, big tech companies Apple and Google will have to remove the social network from their app stores.

The article is in Portuguese

Tags: Biden signs R490 billion aid Israel Ukraine Taiwan

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