China Chip Ban by the US
October 28, 2022
It is conceivable that the Biden administration is either unable or finds it challenging to conduct simple payout and penalty trade off calculations. At the end of the day chip makers exist for really only one reason – the profit motive. Hence demanding that they boycott sales to China (the biggest chip market in the world) is like limiting alcohol sales to only middle Eastern countries…… The idea that such a plan even made it to where its gone and will go suggest the Biden administration is simply clueless on how to conduct a coherent foreign policy in relation to China. UNBELIEVABLE!