That's what I've been saying since day 1 and was called tin foil.
China lost the trade war with the US thanks to Trump. How long before other countries follow suit after people complain "if the US can do it, why can't we?". Their only hope was a world wide virus that screwed all economies. But thanks to Trump, the US economy helped up a lot better than other countries. And no thanks to Ige for closing off tourism.
Since Biden is in office, China is now holding hostage the computer component industry. Ford had to remove some options due to no chips. Tesla had to make changes to the passenger seats due to lack of products. This is why Trump wanted to bring jobs back to the US. Same thing happened with 3M when most of their N95 mask were made in China.
Chip foundries are all over from Hillsborough to Taipei to Singapore.
If you put all your eggs in PRC then you are screwed.
My last hi-tech Chip level class was at Xilinx in San Jose, CA, they specialize in
FPGAs, their engineering and design was done in San Jose and the foundry
was in Singapore IIRC.
Much more would be done in the USA if we didn't have EPA, most foundry stuff is all automated.
local regulation, government, and unions run cost up through the stratosphere.
Government is the problem.