so in the event of effective sanctions on a country, where the tariff is effectively infinite making the amount supplied go to zero… this should be even better for the country affected?
Tariffs are always good for someone. Just not most people.
Is it good for anyone who wants to manufacture chips in China. Obviously, yes it is good for them. But it is not good, in the short term, for people who want to buy chips in China.
But it might be bad for everyone in China, because someone above implied that they actually don't have the knowledge to make these chips. Not sure how true that is? But assuming it is true, that would hurt everyone in China.
> so in the event of effective sanctions on a country
That's the point. You can't effectively sanction china.
> where the tariff is effectively infinite making the amount supplied go to zero
There is a difference between a complete blockade and targeted sanctions.
> this should be even better for the country affected?
One causes a complete collapse of an economy (north korea) while the latter helps a nation build up a sector of an industry (china).
China is the top trading partner of most countries around the world. Even with these sanctions. Go figure. It would be like if china banned exports of 'rare earth minerals' to the US. It would only make the US stronger because we'd just invest in mining rare earth minerals.
