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Japan-Korea history war spirals toward trade war
The stakes are stratospheric. The new battle brewing between Washington’s two democratic allies in Northeast Asia threatens seismic consequences not just for the world’s electronics supply chain, but also for regional geopolitics. Worryingly, both sides look unwilling to de-escalate, while customary mediator Washington stands on the sidelines. Lighting the fuse The crisis blew up when Tokyo announced earlier this month that South Korean importers of key Japanese semiconductor and display materials are now required to submit to new, and potentially onerous, 90-day government approval processes. The decision was ... (full story)