News Summary

• The post-World War II order treated the world as a chessboard of fixed spheres.
• Trump’s business-first diplomacy treats it as a balance sheet where every aggressive move carries an immediate debit.
• A Chinese move on Taiwan or escalation around the Senkakus wouldn’t just trigger military responses, it would detonate trillions in intertwined markets, factories, patents, and capital flows.
• A provocation in the Taiwan Strait doesn't stay contained; it ripples through Wall Street portfolios.