Another U.S.-aligned democracy in Asia is mired in political gridlock, with Taiwan’s opposition challenging defense spending aimed at fending off China.

As Donald Trump takes office promising to end the war in Ukraine, Taiwan is watching closely. Taipei is looking to preempt concerns raised by Trump over military aid and the island's semiconductor industry,

Meanwhile, a slew of other tech executives including Elon Musk, Jeff Bezos and Mark Zuckerberg are reportedly set to attend the events on Monday.

The head of the American Chamber of Commerce in Taiwan said on Thursday he expects continued firm support for the island from Donald Trump's incoming administration, but a U.S.-Taiwan trade agreement seen as critical for business had only a "modest" chance of happening.

ON Monday, a new dawn rises over America. Donald Trump will move back into the White House as he officially becomes ­President of the United States . . . again. He goes down in history as only the

Chinese President Xi Jinping reportedly declined to attend Trump's inauguration. The U.S. does not recognize Taiwan's sovereignty from China.