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The Obama to Trump Change on Semiconductor Competition Dominance
There's a pretty sharp discontinuity between Obama and Trump. And quite a bit of continuity on this from Trump to Biden. The US put out of business a company called Fujian Jinhua by banning this firm from accessing machine tools that are made in the United States without which it's impossible to produce semiconductors. Another example is Huawei, the Chinese telecoms firm, the US banned Huawei from accessing certain types of chips or forced Huawei to divest entire business lines.