You put it well. It should also be noted that the embargos and tariffs will only sabotage the US's own interests in the long term, as if the Chinese were not intelligent enough to make their own in-house technology. Wait until their own GPUs beat NV's; there are already startups at work [1]. The NSA used to put backdoors in US-made hardware, which it was then happy to distribute worldwide; now, somebody has decided that encouraging China to make their own will work well for US interests? I have no idea what this foreign policy is meant to accomplish. Even if you were the most patriot of US patriots, I have no idea why you'd support this policy. Even Huawei is striking back [2].
[1] https://www.tomshardware.com/news/chinese-gpus-made-by-moore...
[2] https://www.bloomberg.com/news/features/2025-01-28/huawei-ha...