ITAR blocks export, not import. It has nothing to do with TSMC building fabs here. $50B in incentives might have something to do with that.
And like sister comment says, ITAR is not about industrial or economic policy. It’s about maintaining a qualitative edge in weaponry. How is there a qualitative edge when you can buy the restricted components freely from China?
Just noticed the other comment on GP saying they’re restricted through a different list (EAR). It serves the same purpose so I’m leaving my response as is.
And like sister comment says, ITAR is not about industrial or economic policy. It’s about maintaining a qualitative edge in weaponry. How is there a qualitative edge when you can buy the restricted components freely from China?
Just noticed the other comment on GP saying they’re restricted through a different list (EAR). It serves the same purpose so I’m leaving my response as is.