US and Japan strengthen relations to counter China and end semiconductor crisis The shortage of semiconductors and the dependence on China for their manufacture has caused significant disruptions in the worlds production system in recent years. As a result, the most significant industrial sectors, such as the technology and automotive industries, were forced to suspend or considerably reduce their production.
As the global supply chain was affected, the economic consequences were catastrophic and are still being felt today.
Faced with this situation, the United States and other world powers are implementing various measures to counteract the impact, secure supply chains, and prevent China from becoming the central chip producer.
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