Whether the policy is "There should be no barriers when trading with China" or it is "There should be many barriers when trading with China" - either way, decades from now. Will it have been worth it?
People are calling this war and it isn’t. It’s competition in markets and strategy to facilitate gaining marketshare in different markets.
And lo and behold, everyone wants to protect their own access to their own market.
Not everything is a war. I can tell you right now, with the new administration will come new policies that will have a segment of people in the EU and UK saying “economic war”. But it’s no more war than immigration quotas are “war”.
Let’s reserve that word for REAL war.
https://www.wired.com/story/jake-sullivan-china-tech-profile...
The American Who Waged a Tech War on China
China is racing to unseat the United States as the world’s technological superpower. Not if Jake Sullivan can help it.