I see, one thing I noticed during Covid is that when China stopped exporting medical equipment due to the emergency ban, Japan immediately engaged companies like Iris-Ohyama to bring their production facilities back to Japan.

To my understanding Japan is the only country that said they want production back home, immediately worked on implementing their subsidy program and immediately executed on the production of facilities, such as the TSMC fab. The US talked about it and the EU talked about it,they came around for long subsidy planning and production planning. The EU as always being the slowest of the bunch.