Trump administrationTaiwan should spend 10% of GDP on defense, Pentagon No. 3 pick Colby says
Undersecretary nominee warns of 'dramatic deterioration' of military balance in Asia
Elbridge Colby, the nominee for undersecretary of defense for policy, speaks at his confirmation hearing at the Senate Armed Services Committee on March 4. (Screenshot from livestream)
WASHINGTON -- Taiwan needs to increase its defense spending to around 10% of gross domestic product, a figure quadruple the 2.45% it currently allocates, U.S. President Donald Trump's nominee for a key Pentagon post told a Senate confirmation hearing on Tuesday.