I'd argue we've been in a cold war with china for decades we just didn't pay attention because we love their cheap stuff.
There is a growing danger that war will go hot at some point and Taiwan is the most likely catalyst.
Because of the concentration of TSMC's chip production controlling Taiwan would mean controlling much of the world's manufacturing of chip dependent products.
Given these risks letting china control an influential social media time waster for GenZ is an enormous strategic mistake.
Our bargain with China should be simple, we get access to your markets and you get access to ours and let's all be prosperous (win win). Instead we're playing a win/lose game with them and we're losing.