The Biden administration’s efforts to foist export controls on Nvidia, Intel and AMD will weaken the U.S. by kneecapping some of its greatest companies, the damage will be compounded by further weakening born of a reduced ability to import, after which it can’t be shouted enough that trade is the most peaceful act in the world, and by extension the greatest foreign policy concept mankind has ever happened upon.
Wrapping its thoughtless actions in “national security” sanctimony, the Biden administration will weaken a U.S. always and everywhere made stronger by imports, all the while reducing the cost of war between the U.S. and Chinese by suffocating the very trade that, for making war so expensive, renders it unlikely.
Read the full article at Forbes.
