—Ryo Hinata-Yamaguchi is a nonresident senior fellow with the Indo-Pacific Security Initiative. At the same time, while the latest NDS and National Security Strategy both prescribe building “collective defense” in the region, both documents are notably thin on how Washington intends to operationalize it. —Bee Yun Jo, PhD, is a nonresident senior fellow at the Indo-Pacific Security Initiative and research fellow in the Security Strategy Division at the Sejong Institute. —Alvin Camba is a nonresident fellow in the Indo-Pacific Security Initiative at the Atlantic Council’s Scowcroft Center for Strategy and Security. This month, Taiwanese companies committed to investing at least $250 billion in the United States, especially in the semiconductor and technology sectors.