>Evolution will favor those who trade over those who don't since the ones trading will be more efficient. There will blips along the way but unless you can conv

>Evolution will favor those who trade over those who don't since the ones trading will be more efficient. There will blips along the way but unless you can convince me otherwise how a closed system will be more efficient, in the very long time, globalization is our fate. You're looking at this wrong. The dichotomy isn't Globalization vs No Trade. It's more of Globalization & Free Trade vs Limited Conditional Trade. Throughout all of written human history there was trade. But there wasn't free trade like today where everyone is able to trade with one another so freely with little cost. Historically, only big powers who had massive navies to protect their own ships were able to trade in meaningful quantities. Today the USN guarantees all global shipping. Morris Chang has long opposed moving Fabs to the US where most of his customers were because so long as the cost of moving stuff was negligible it made little sense. But Taiwan's trade is not guaranteed by the Republic of China Navy. And it's customers are overwhelming American. Post Covid & Ukraine Invasion it is clear that neither the US government, nor US corporations believe that there is no cost to crucial supply chains being located abroad. Nor is the transport of those vital supplies considered to be effectively negligible. TSMC leadership likely had some difficult conversations behind closed doors which to effect amounted that with the current status quo they are too expensive, and if they do not relocate some of their fabs to the US, their customers will look to alternative partners.