US jobs rely on Taiwan s security - Taipei Times
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CFIUS Issues Interim Order Blocking Wise Road s Acquisition of Magnachip | Wiley Rein LLP
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Posted on June 16, 2021.
The Biden administration’s plan for the global economy, technology and an alliance of values has been announced in detail. The White House’s report on the establishment of supply chains in four major areas, including semiconductors, batteries, essential minerals such as rare earths and pharmaceuticals, makes it clear that the U.S. will create a new global supply system through active cooperation with Korea, Japan and Taiwan.
As the title “Building Resilient Supply Chains, Revitalizing American Manufacturing, and Fostering Broad-Based Growth” reveals, the plan is to break away from dependence on China and lead the growth of the U.S. and this alliance. Given that the majority and the opposition parties in the U.S. have a firm consensus on preventing totalitarian China from leading the world, it is a blueprint for a new order that will continue for decades to come.