To boost the Bretton Woods institutions, and parry challenges from Beijing, Washington should give up the World Bank presidency.

U.S. reliance on Taiwanese chips gives it a major stake in preserving peace in the Taiwan Strait but does not make a war between China and Taiwan less likely.

The United States should deter China from forcibly uniting Taiwan with mainland China.

Taiwan’s fate will have major implications for U.S. security and prosperity. It will also bear on fundamental questions of international order and the future of democracy.

The U.S. Army turns 248 years old today.