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mapt 3 hours ago

Of course. On just one avenue - The Japanese auto industry is huge, and practically everything in a car has some kind of chip in it. The chip industry isn't just CPUs and GPUs, cars use numerous fairly small, primitive chips you could make using 20-year-old process nodes. The "Comparative Advantage" of global trade specialization has its limits. During COVID, international ports shut down frequently and challenged JIT process inventory levels. Raising inventory levels the next time is one way to deal with that, but so is encouraging some minimum level of domestic production.