this post was submitted on 03 Sep 2023
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I am not sure if American legislators realize that all these trade restrictions are only accelerating Chinese domestic chip development. The restrictions have the same effect as import tariffs, which is exactly what a government would do if it wants to protect and/or develop its own fledgling industry.
They were going to figure it out eventually anyway. It buys some time I guess. I don't know what for, though.