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Trump's chips strategy: The US will struggle to take on Asia
America is trying to create a chip industry through isolation and protectionism, when what allowed it to emerge in Asia is the opposite: collaboration
Four years on, chips remain a battleground in the US-China race for tech supremacy, and US President Donald Trump now wants to turbocharge a highly complex and delicate manufacturing process that has taken other regions decades to perfect. He says his tariff policy will liberate the US economy and bring jobs home, but it is also the case that some of the biggest companies have long struggled with a lack of skilled workers and poor-quality produce in their American factories. Chinese technology giant Huawei, for example, expanded into Europe and emerging markets including Thailand, the UAE, Saudi Arabia, Malaysia and many countries in Africa in the face of export controls and tariffs, although the margins in developing nations are small.
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