Yes, “allow” because the likes of TSMC are owned by US investment firms, have contracts with the US government and vital US companies / industries. Just as if there were companies operating in Canada owned by Chinese firms / government, they would need to allow that company to build factories / use suppliers in the US.
The move to extend the exemptions, rather than winding them down, amounts to a recognition by U.S. authorities that efforts to isolate China from high-tech goods are more difficult than anticipated in a highly integrated global industry, according to industry executives.
Yes, “allow” because the likes of TSMC are owned by US investment firms, have contracts with the US government and vital US companies / industries. Just as if there were companies operating in Canada owned by Chinese firms / government, they would need to allow that company to build factories / use suppliers in the US.
Shhh, don’t scare a tankie with how companies work
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