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this post was submitted on 11 Aug 2023
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If you look at imports by sector, high tech manufacturing still occurs in China by an overwhelming margin. The input material supply chains are such that if retaliatory sanctions began in the trade war, you would see $10k basic televisions stateside.
Didn't the trade wars already start under Trump, and then get intensified under Biden with the CHIPS act/restricting microprocessor imports to China? China retaliated by restricting microprocessor raw materials to the US and Chinese companies ordered 5 billion USD in microprocessors