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Japan to boost US as next military industry heavyweight

Japan is poised to emerge as a military industrial heavyweight to help the United States counteract China, President Joe Biden’s administration believes. “Our military industrial capabilities are not equal to the challenges and commitments we have,” Ambassador Rahm Emanuel, the lead U.S. envoy to Japan, said Monday at the Center for Strategic and International Studies.
United States White House District Of Columbia United Kingdom South China Sea Brunei General

China tensions underline US investment in TSMC

The United States Department of Commerce Monday proposed investing as much as $6.6 billion to fund a third Taiwan Semiconductor Manufacturing Company Limited (TSMC) fab in Arizona. The funding would arrive by way of the CHIPS and Science Act, in a bid to foster more domestic semiconductor production. The move represents a broader push to bring more manufacturing to the U.S., but unspoken in the fanfare around today’s announcement is the potential escalation of tensions with China.
United States United Kingdom Mark Liu Seth Moulton Trump National Security Advisor Robert Obrien Chinese Communist Party
Source: yahoo.com

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