JPMorgan to invest $10B in areas ‘critical' to US national security amid trade tensions with China
1. JPMorgan to invest $10 billion in critical U.S. industries for national security. 2. Investment targets supply chains, defense, energy independence, and tech resilience. 3. The initiative aims to rebuild U.S. industrial capacity and reduce China reliance. 4. Trade tensions with China have led to increased demand for U.S. mineral sources. 5. JPMorgan's existing $1 trillion commitment to critical industries will now increase by 50%.