Comment by petesergeant
12 days ago
> It's disheartening to witness the US embracing protectionism for high-tech
Is it? I suspect China has zero regrets in embracing protectionism for social media. The American drone consumer will get squeezed for a few years, until the US develops decent home-grown suppliers in a strategic industry. Hard to think of a better limited use of protectionism tbh.
Exactly! The Chinese leadership is smarter than America’s leadership: just look at what they do. They embrace protectionism when it makes sense.