Stocks Set for Cautious Open in Key Week for Fed: Markets Wrap

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Reuters

UPDATE 1-Biden says U.S. forces would defend Taiwan in the event of a Chinese invasion

U.S. President Joe Biden said in an interview broadcast on Sunday that U.S forces would defend Taiwan in the event of a Chinese invasion, his most explicit statement so far on the issue. Asked in a CBS 60 Minutes interview whether U.S. forces would defend the self-ruled island claimed by China, he replied: “Yes, if in fact, there was an unprecedented attack.” Asked to clarify if he meant that unlike in Ukraine U.S. forces, men and women, would defend Taiwan in the event of a Chinese invasion, Biden replied: “Yes.”

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