U.S. Secretary of Defense Lloyd Austin warned China that a war over its democratic neighbor Taiwan would have a “devastating” impact on the world.
“The whole world has a stake in maintaining peace and stability in the Taiwan Strait—the whole world. The security of commercial shipping lanes and global supply chains depends on it. And so does freedom of navigation worldwide,” Austin said during his speech at the International Institute for Strategic Studies Shangri-La Dialogue in Singapore on June 3.