While I agree with the global community's need to move away from China as a single point of manufacturing for a large portion of goods, I think this still needs to be handled carefully. The alternative is moving to places like India and India is looking to be headed to some sort of Hindu centric right-ish country, which isn't going to be great either. Allowing any one country to control too much (even if that is the US), is going to be detrimental to any nation not aligned with that country. Ideally manufacturing of things like semicon needs to be distributed across the globe and not centralised in any one location.