Since 2017, the US-China technology war has reshaped global electronics through sanctions and export controls, costing China $150 billion in exports. Despite tensions, their economic interdependence persists, with 30% of US semiconductor machinery going to China and US imports from third countries relying heavily on Chinese components.
Since 2017, the technology war between the US and China has been shaking up the global electronics landscape. Between sanctions, export controls and the quest for technological leadership, this rivalry is reshaping supply chains and creating major uncertainties. Yet interdependence remains strong between these two powers, despite fierce competition that could fragment the industry by 2035.
Global electronic trade reshaped
The technology war between the United States and China has intensified considerably since 2017 through a wide range of measures: tariffs, export controls and market access restrictions. This war, which aims to dominate the technologies of the future, particularly semiconductors and artificial intelligence, has already cost China nearly $150 billion in lost exports to the United States, restructuring trade flows with a diversification of US imports from countries such as Mexico, Taiwan and Vietnam.
Continued strong interdependence
Despite rising tensions, economic cooperation between these two giants remains essential. Nearly 30% of semiconductor manufacturing machinery exported by the United States is still destined for China. At the same time, US electronics imports from third countries (Vietnam, Taiwan, Mexico) include a significant proportion of Chinese components. All this illustrates just how essential China remains in the global electronics value…
