This is the situation for the rest of the chip industry besides Intel, who also uses Taiwan TSMC fabs for some of their side operations (see Arc GPUs). Not just computer chips either, 37% of U.S. clothing imports are from China[0], for example.
I think so. I think the disagreement is in how to deal with the problem. Obviously tariffs are a terrible idea (if you think about it for more than a couple minutes). Alternatives like mandating exporters meet environmental and employment standards that meet or exceed ours would probably make a good sized dent.
At the same moment, the rest of the works is realizing the fact that us pretty much dictates what happens around the world.
Want to build your own x86 Chios? Guess what? You can't because Intel/and won't let you and even if they did , if it were one of the "not our allies list" people, the govt will step in.
Same for Netherlands fab machine makers. They dictate who can they sell to or not..
That is why nations are investing in stuff like risc-v.
Tomorrow MasterCard/visa can be "ordered by govt " to pull out of a country and suddenly their card economy collapses. Unless they have an alternative, like India does with rupay or UPI which is being exported to other countries as a technology they can locally implement.
Same for stuff like aws or Google or github or basically the entire american internet giants.
You know if tomorrow whatsapp is ordered to stop service in say India what will happen? Without a local alternative already in place, WhatsApp and ipso facto us govt can literally hold that country for ransom. Whatsapp is a silly example but think about it.
Sure China is bad for labour but its not like Americans aren't fighting anszon for Union rights or for $15/hour pay and benefits? I'm not trying to say they are equal, just that its a spectrum.
For non Americans and non Chinese, Be it India or Russia or Iran, these two nations are just as offensive in different manners and it's just a matter of perspective
I get what you're saying; the US is far from the shining example of what a democracy should look like.
On the other side of that coin, though, China is taking us for a ride. Politically speaking, it's unwise to continue giving them power over our supply chain. Ultimately it's a monster fight with no real winners, but ensuring that world superpowers stay competitive with one another is how we prevent mutually assured destruction. Even for China's allies, I fail to see how hamstringing the CCP is a bad thing.
0: https://www.just-style.com/analysis/analysis-china-market-sh...