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BYD’s chip Xuanji A3 is displayed during the 2026 World AI Conference on July 17, 2026, in Shanghai, China. (Getty Images)
Doug Bandow is a senior fellow at the Cato Institute. A former special assistant to President Ronald Reagan, he is the author of several books, including Tripwire: Korea and US Foreign Policy in a Changed World, and co-author of The Korean Conundrum: America’s Troubled Relations with North and South Korea.