...the Office of the U.S. Trade Representative, which called the ITA expansion 'great news for the American workers and businesses that design, manufacture, and export state-of-the-art technology and information products, ranging from MRI machines to semiconductors to video game consoles.'"
You know what would be even better news for US tech hardware exporters?
If they didn't have a huge boat anchor attached in the form of NSA built-in backdoors and vulnerabilities.
Really, if you're a foreign corporation that competes in any way with US corporations/interests/research, or any government/organization/individual that US TLAs could possibly even tangentially term "of interest", would you buy stuff from US makers/manufacturers despite what's been revealed publicly over the last 20 years to present concerning US TLA activity within the US tech manufacturing/exporting industries?
Particularly in light of the recent revelations of so many unlawful and/or unconstitutional programs and activities engaged in by US intelligence organizations courtesy of the courageous whistle-blower Edward Snowden, which keep revealing new programs that violate constitutional principles and prohibitions with every new dump from the trove.
US tech companies have to overcome all that (quite understandable and logical) mistrust (good luck!), and *then* compete against other corporations that don't have that perceived millstone around their necks.
This will not turn out well for the US tech industries that need/rely on exporting their goods, and with cheap imports flowing into the US, even those who were national/regional in nature will find themselves priced out of the market.
1. Mining/Drilling - Offshored
2. Steel mfg - Offshored
3. Heavy Industries/Factories - Offshored
4. Artificial politically-motivated limits on energy production and artificially-created increases in cost.
I'm not liking the direction this is trending.
If it roughly parallels past similar historical scenarios, it doesn't end well for anyone in the US (well, except those 'too big to starve'), neither Left nor Right, nor atheists, Christians, Muslims, or whatever "ism" or party you favor.