TSMC halts new Huawei orders after US tightens restrictions
To preface, firstly - I am a supporter of free global trade and greater collaboration between countries to maximize the benefit of each other.<p>The problem starts when there is a massive asymmetry in the trade. China has completely blocked US services from Google to Uber, and gladly accepts manufacturing investment - Tesla Shanghai factory, Intel&#x27;s Chengdu factory, etc. because the CCP knows that they will gain tremendously by having IP physically based in China. It leaks like a sieve. I&#x27;ve seen it first hand (in semiconductor industry).<p>America should protect its own interests and interests of other democratic nations before they get eroded, dismantled and sold off to CCP&#x27;s interests. If China doesn&#x27;t want American software services running and fairly competing because of CCP surveillance requirements, well...then the US should block all Chinese services from exploiting users[1] and their data, may be EU should block Chinese services from running there until there is strict GDPR requirements and the data is located in EU datacenters. There should be independent datacenter security audits just like CCP wants keys to iCloud datacenters. That would just get us to the fairness level and that&#x27;s still not enough - there should be a reverse asymmetry to make up for last 20 years of damage - incentivize US&#x2F;EU services and manfuacturing while simultaneously imposing sanctions and import duties on goods&#x2F;services made in China. Why not? Can someone tell me why the US&#x2F;EU shouldn&#x27;t do the same? I should not be able to buy $1.99 USB cable including shipping from China.<p>[1] <a href="https:&#x2F;&#x2F;citizenlab.ca&#x2F;2020&#x2F;05&#x2F;we-chat-they-watch&#x2F;" rel="nofollow">https:&#x2F;&#x2F;citizenlab.ca&#x2F;2020&#x2F;05&#x2F;we-chat-they-watch&#x2F;</a>