Odaily reported that Serenity, referred to as the “new stock god,” wrote that the Trump administration is gradually recognizing that the core bargaining chip in a trade war is not the export of traditional goods, but the frontier supply chains behind sectors such as quantum computing, artificial intelligence and robotics. In Serenity’s view, the ability to organize and coordinate these strategic supply-chain nodes is central to future trade competition.
Serenity pointed out that many of the most important supply-chain links are currently held by U.S. allies. The examples cited include ASML in the Netherlands and its EUV lithography machines, as well as Japan’s TOWA, Ibiden and Ajinomoto, which control advanced packaging materials and equipment. Serenity also mentioned the key roles played by Taiwan, South Korea and the European Union across the chip industry chain.
According to Serenity, imposing broad tariffs on allies could instead weaken the United States’ ability to integrate critical global resources. The post argued that if the United States wants to gain an advantage in future trade competition, repairing relations with allies and turning global supply chains into a strategic lever would be more effective than unilateral pressure.