Measures must be taken to safeguard U.S.-Japan economic security WashTimesOpEd
is not alone, either. The Philippines, South Korea, Australia and Thailand are all similarly situated.
Keeping their economies strong, on top of strengthening military alliance with them, is one of the best strategies the U.S. can employ to combat Beijing’s power gambits. History teaches us that while military power can sometimes outlast economic power for a long time, military power eventually depends on having a successful economic base.
The Biden administration appears to understand the importance of creating more economic coalitions with America’s allies in East Asia. That’s why, last week, it struck a deal withthat would allow Japanese cars to qualify for a new electric vehicle tax credit — to give the country incentive to reduce its dependence on Chinese raw materials for its electric vehicle batteries.
Unfortunately, however, not every politician and interest group supports the White House’s Southeast Asia economic strategy. For example, unions that represent American autoworkers oppose President Biden’s recent tax credit deal with
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