US chip war will end up hurting allies as much as China

It’s one thing to sanction for national security, it’s another to use that as an excuse to practise protectionism. But to force your friends to join while knowing full well that it will hurt their economies is an egregious breach of basic trust.

I am, of course, talking about the United States’ semiconductor sanctions against China. But perhaps the worst of all is that most independent experts and industry insiders have already warned they are counterproductive and will likely end up hurting everyone, including the US, without achieving the desired...