An anonymous reader quotes a report from the Wall Street Journal: An agreement with the Philippines to establish a high-tech industrial hub is the Trump administration's latest effort to lessen China's dominance over global supply chains. The deal to build up American manufacturing across a stretch of the island of Luzon, signed Thursday, will offer U.S. companies access to essential inputs such as critical minerals that bypass Beijing's control. The artificial-intelligence-powered manufacturing hub is planned for a 4,000-acre site given to the U.S. by Manila, said undersecretary of State for Economic Affairs Jacob Helberg. The U.S. will occupy the site rent-free and administer it as a special economic zone. The hub will have diplomatic immunity, such as the protections afforded to an American embassy, and operate under U.S. common law -- the first arrangement of its kind anywhere in the world. The two-year lease is renewable for 99 years.…