It’s unbelievable, that a nation built on the principles of free trade, that has benefited from it massively, could behave the way the American Governing Elites do…
The world has progressed to the current level of prosperity because companies in all countries around the world have worked together, everyone chipped in what one was good to streamline production…
Example; Integrated Circuits fabricated on a Dutch ultraviolet lithography gear (the light source coming from a US company) in a South Korean plant sold to a Chinese company that assembled the 5G modules sold to a mobile operator in Germany to get incorporated in a fast 5G network…..It worked well…
It was the Americans, the USA version that interrupted the market established flow. The ones who have weaponized the dollar ($). And we Americans will be the ones that lose out in the end, we are no longer in a position to dominate every nook & corner of the high tech sector, the companies that will suffer most will the American Corporations banned selling parts, components, equipment’s to the Chinese companies that have today enough resources both financial and humans to go for substitution, it may take years, as the tech industry says but given China’s remarkable progress in the last few decades they may get there in a short span of time…
Naked stupidity on the part of the a failing USA…
WtR