Proper enforcement would prevent TSMC from making those moves, we'll see how that goes. As for China being able to "quickly" produce a TSMC equivalent, if that's the case then the US never really had any control in the first place and at least this way China's disrupted for the next few years, and physically cut off from future IP.
China has proven it won't play by the rules, so let's make it compete on its own with its own resources. Given their dependence on imports for food and energy, exports and bottomless debt for the rest of their economy, for all its size China is not positioned to be cut off from the global economy and remain competitive.
China has proven it won't play by the rules, so let's make it compete on its own with its own resources. Given their dependence on imports for food and energy, exports and bottomless debt for the rest of their economy, for all its size China is not positioned to be cut off from the global economy and remain competitive.