If the U.S. intends to halt China’s push for the autarkic mastery of critical technologies, the October 2022 export ban won’t be enough.
Semiconductors
China’s gallium and germanium exports restrictions will likely lead to higher prices, longer delivery times, and more expensive electronics.
A Chinese invasion of Taiwan would bring the semiconductor industry to a halt and send inflation soaring worldwide.
Shrinking access to the Chinese market under U.S. export controls is bound to spur heightened competition and geoeconomic conflict.