America’s Taiwan policy hasn’t changed much in the past 40 years. For many experts, that’s a good thing. They argue that Washington’s careful balancing act between Beijing and Taipei, enshrined in part in the Taiwan Relations Act of 1979, has kept tensions low and allowed Taiwan to transform from a notorious dictatorship into a full-fledged democracy.
But Sens. Bob Menendez (D-N.J.) and Lindsey Graham (R-S.C.) aren’t satisfied with the status quo. The pair recently introduced a bill, known as the Taiwan Policy Act of 2022, that they touted as “the most comprehensive restructuring of U.S. policy towards Taiwan” since 1979. The Senate Foreign Relations Committee, which Menendez chairs, is set to take up the proposal on Wednesday.
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