https://www.cnbc.com/2025/10/10/trump-trade-tariffs-china-software.html
He teased this announcement earlier in the day and the stock markets dropped by around 3%. Trump waited until the markets closed to make the full announcement. He also made the announcement on a Friday, the markets won’t reopen until Monday.
One of the last big advantages the US has is Software to design (and prototype) integrated circuits (Think software to arrange parts on a chip, and optimally wire the components together for minimal area requirements and heat dissipation/ also known as floor planning). One key company: Xilinx.
China will have to invest heavily in such software, producing it domestically.