Taiwan Allies Fund Act

HR 8358, the Taiwan Allies Fund Act, creates a $40 million annual fund (2025-2027) to support countries that maintain or strengthen unofficial ties with Taiwan despite pressure from China. It targets nations facing Chinese economic or diplomatic coercion for their relations with Taiwan, such as recent diplomatic switchers like Nauru. Funds can be used for specific activities including countering Chinese propaganda, building civil society resilience, diversifying supply chains away from China, and supporting Taiwan's participation in international organizations. The bill limits aid per country to $5 million annually and requires annual reports on fund usage and coordination with Taiwan.