On What Really Matters, Walter Russell Mead discusses the administration’s seizure of a Venezuelan oil tanker, the hidden and rising costs of healthcare premiums, China’s energy future, and the implications that President Donald Trump’s new National Security Strategy will have for China, Russia, Europe, and the GOP.
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The Taiwan Semiconductor Manufacturing Company’s Fab 20, which specializes in the production of 2-nanometer advanced chips, in Hsinchu, Taiwan, on March 28, 2026. (Getty Images)