On the U.S. side, the shift is more visible but harder to read. Trump's instinct on Taiwan is not the bipartisan defense-of-democracy framework that ran from Reagan through Biden.
Most global companies are not directly connected to China’s military. But they are exposed to the second-order impacts of geopolitical uncertainty: market confidence, regulatory posture, supply chain
With U.S. national security policy now tightly intertwined with commercial activity, capital flows, and supply chains, regional military actions in the Asia-Pacific no longer remain abstract geopoliti