US to announce military command revamp in Japan, official says

US to announce military command revamp in Japan, official says


A dealer works behind U.S., left, and Japanese national flags at a foreign exchange brokerage in Tokyo, Japan.

Yuriko Nakao | Bloomberg | Getty Images

The United States will unveil a major revamp of its military command structure in Japan and other measures to deepen defense ties with its Asian ally at high-level security talks in Tokyo on Sunday, a U.S. official said.

The overhaul comes as Tokyo looks to establish a new joint headquarters to oversee its armed forces by March to coordinate better with Washington on growing regional threats they see emanating from China and North Korea.

U.S. Secretary of State Antony Blinken and Secretary of Defence Lloyd Austin will hold talks with their Japanese Foreign Minister Yoko Kamikawa and Defense Minister Minoru Kihara later on Sunday. Austin and Kihara also met their South Korean counterpart, Shin Won-sik earlier in the day.

“Secretary Austin plans to announce that the United States intends to reconstitute U.S. Forces Japan as a Joint Force Headquarters, reporting to the commander of U.S. INDOPACOM,” the U.S. official told a briefing ahead of the talks.

The command will be headed by a three-star general, the official said, not the four-star rank that Japan had requested.

For the first time, the ministerial talks between the U.S. and Japan will also cover “extended deterrence”, a term used to describe the U.S. commitment to use its nuclear forces to deter attacks on allies.

Japan provides a base for the U.S. to project its military power in Asia, hosting 54,000 American troops, hundreds of U.S. aircraft and Washington’s only forward-deployed aircraft carrier strike group.

Prompted by China’s growing military might, Japan is stepping back from decades of postwar pacifism. In 2022 it unveiled a plan to double defense spending to 2% of gross domestic product.

Washington also wants to tap Japanese industry to help ease pressure on U.S. defense companies stretched by demand generated by conflicts in Ukraine and the Middle East.

Last month, Tokyo and Washington opened talks on deeper defense industry collaboration under the U.S.-Japan Forum on Defense Industrial Cooperation, Acquisition and Sustainment established in April by Prime Minister Fumio Kishida and President Joe Biden.

After Tokyo, Blinken and Austin will hold security talks with another ally, the Philippines, as the Biden administration seeks to counter an increasingly bold China.

Blinken met with his Chinese counterpart Wang Yi in Laos on Saturday and repeated that Washington and its partners want to maintain a “free and open Indo-Pacific,” according to a U.S. readout of the meeting.



Source

The chart that has Michael Burry worried about the stock market
World

The chart that has Michael Burry worried about the stock market

Michael Burry is warning that a shift in household wealth could leave the stock market vulnerable to a long and significant downturn. “The Big Short” investor pointed to a graphic produced by Wells Fargo showing that U.S. households now hold a larger share of their net worth in equities than in real estate — a […]

Read More
This biotech name is evolving into a major obesity play. How to trade it with options
World

This biotech name is evolving into a major obesity play. How to trade it with options

Amgen is entering a pivotal period the as it moves beyond its Enbrel franchise and repositions around obesity, rare disease and next-generation oncology. While Enbrel has entered a period of decline due to Medicare pricing reform, management has demonstrated credible execution in replacing that cash flow with a higher-quality pipeline. Early success from the Imdelltra […]

Read More
Three holds and a cut? Europe’s central banks are about to make their final calls of 2025
World

Three holds and a cut? Europe’s central banks are about to make their final calls of 2025

A projected illumination marking the 75th anniversary of the Schuman Declaration, on the Grossmarkthalle building at the European Central Bank headquarters in Frankfurt, Germany, on May 9, 2025. Alex Kraus/Bloomberg via Getty Images Investors are gearing up for the last interest-rate decisions of 2025, with four of Europe’s central banks announcing their monetary policies and […]

Read More