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by bsder 1344 days ago
> It's more an act of the cold war, and less an attempt to help US industry profit more.

As well as to make companies finally decouple from China.

Everybody saw China shake down Apple and should have taken the hint to start moving operations. Yet none of the C-suite in the US were willing to risk their bonuses by being the first company who pulls out of China while their competitors don't.

This puts the boot into the short-term capitalist thinking and forces the issue.

2 comments

Not sure why you’ve been downvoted.

It’s like when universities pushed state governments to implement COVID pandemic policies because they know they all need to but they also know the first one to do it alone will take it in the shorts.

>This puts the boot into the short-term capitalist thinking and forces the issue.

Yes, but companies where never expected to or supposed to implement these policies. It will be worthwhile to use chinese factories until the moment they are cut off.