Earlier quoted context omitted.
This is one of the great misconceptions. There are often no "native" alternatives. Even the machines that make the chips are nearly all made in one country and then shipped around the world. The amazing, modern nature of our modern world is built on the collective effort and knowledge of humankind globally. Globally.
There's concern that if all our chips come from one country, they could cut the supply off and make demands. That's called an "embargo". It's also done to protect local industries, hence the term "protectionism". For example, Canada's large tariffs on American milk are there to protect the local Canadian milk producers. AFAIK, Trump's tariffs are meant to serve the following purposes: 1. so critical supplies, like ch…
1) Stopped buying USA wine totally
2) Canceled our plans for vacations in the USA
3) Stopped buying USA orange (or any citrus) juice
4) Carefully check the provenance of any fruit or vegetable in the supermarket and actively avoid anything that comes from the USA
... and the list goes on.
I am not alone!
How do those immediate and tangible consequences serve the interests of the USA producers and companies affected, exactly?