> So basically all major industrial powers

ASEAN doesn't have the capacity yet, but this is changing in 3-5 years as Malaysia, Singapore, Vietnam have gotten IP transfers from European, Korean and Japanese technology partners.

Neither does the rest of the Europe excluding an Ireland-UK-UAE JV called ChipX (but the team is largely located in the US, UAE, Malaysia, and Japan) and the portion of STMicro in France that was part of state-owned Thomson Semiconducteurs before it was privatized.

Neither do any of the major industrial states in the Americas like Canada, Mexico, or Brazil.

> that's standard practice that the EU and US also do

My point is that states need to build domestic capacity where possible. And the EU is not a state. France continued to protect their GaN fabrication IP closely (not even sharing it with Italy despite STMicro being a French-Italian JV), and same with Germany to a certain extent.