Testing the Bond of Shared Economic Security Interests

The emergence of “economic security” Before the outbreak of the global pandemic in 2020, trade imbalances in goods had been one of the biggest sources of friction between the United States and Japan. [...] manufacturing seemingly took a back seat in defining the nation’s competitiveness despite the dominance of the United States in the global economy and its role in shaping the future of advanced technologies worldwide. [...] 5 Testing the Bond of Shared Economic Security Interests Shared concerns of resilience and the value of trust Supply chains have emerged as a core and pressing element of the economic se- curity agenda for both the United States and Japan. [...] Promoting economic security interests in the Indo-Pacific: a policy agenda Despite the challenges, the fact remains that the US-Japan alliance enjoys a renewed commitment to forging closer relations and cooperating closely on 8 Shihoko Goto and Lucas Myers economic security in the face of global risks. [...] Third, Southeast Asia, by virtue of its geographic position at the heart of the Indo-Pacific, rapid economic growth, and position at the forefront of Chinese efforts to assert itself in the region, is perhaps the key “battleground” between Bei- jing, Tokyo, and Washington.