JPMorgan investment US security program will be in addition to the bank’s earlier announced $1.5 trillion commitment to “fuel the economic progress” of the nation.

JPMorgan Chase & Co., the biggest bank in the U.S. by assets, saw its stock price jump 1.4% in pre-market trading Tuesday.

Focusing on National Security

The new action is in line with the civil government’s sweats to revitalize American manufacturing and cover force chains. This covers several crucial sectors, including semiconductors, medicinals, clean energy, and rare earth minerals, and comes amid heightened trade pressures with China. The Trump administration this week reimposed advanced tariffs on Chinese goods in retribution for import checks from Beijing.

“This time has shown us the significance of reshoring as an i

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