[GOPJ]

Unavailability of chips for machines in the mills that process steel due in part to sanctions, and pandemic.

Can we assume China makes the parts? And with Biden's full support they'll continue making 'essential' parts for our economy to function?

[sockmonkey]

*** Can we assume China makes the parts? ***

China, Hong Kong (no longer autonomous), Taiwan, and South Korea. We have tried to leverage South Korea on trade tariffs (Trump Admin), and I am not sure the US will benefit from cracks in that alliance.

In plain speak, Korea is saying to the US, “you’re not the boss of me.”

When/If China regains Taiwan, they will control most of the world’s chip making.
China also has the majority of global mining agreements for Rare Earth Minerals such as used in lithium batteries.