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No worries. From a national sovereignity perspective, I can see what you were trying to say. Especially with the growing international tensions, wanting to main
by bostik 2y ago
No worries. From a national sovereignity perspective, I can see what you were trying to say. Especially with the growing international tensions, wanting to maintain an industrial and manufacturing base is a rational take.
FTR: I think that the CHIPS act is based on good intentions. US has identified advanced semiconductors as a strategic, critical base. Trying to in-shore the manufacturing and skills is clearly a desirable goal. But in case of something as niche and "bulky", ice-breakers feel more like they'd fall under comparative advantage.
You can look at China. They have had a persistent strategic goal to build up their advanced manufacturing base, and after sustaining that for >30 years, are now at the position where they can start to close off foreign suppliers. That shows roughly how long similar shift of balance could be expected to take if you wanted to counteract.