As U.S. Demands Japan Obey & Punish China, Beijing Pushes Major Western Industry To Extinction

As U.S. Demands Japan Obey & Punish China, Beijing Pushes Major Western Industry To Extinction
In a big update, the FT reports Japan is on the brink of obeying US punishments on China. This is a lose-lose situation as Tokyo risks its entire semiconductor industry and automakers to appease Washington. Meanwhile, a major Western industry is facing total collapse as they can't compete with cheap Chinese exports.