No. Make it known loudly & worldwide that the US will not buy anything from CCP or any country dealing with CCP if they attack Taiwan. A total blockade of trade would immediately bring China to its economic knees. Meanwhile back a the ranch, begin immediately to change all sources of manufacture to an emergency supply here in US, Canada & Mexico, and some, but only some, in EU, Japan, and other Allied countries.
The countries allied with CCP are: Russia, North Korea, Iran & other Middle-Eastern regimes that do not have a big enough combined consumer base to keep CCP afloat, economically. Even if most of the former USSR, Turkey & some South American countries stay with China, they will still not be enough of a foreign market to keep Chinese industry generating enough income & employment to avoid collapse. Giant economies, just like giant companies cannot afford to do less than some fairly high volume to avoid running out of money. CCP has been running their whole economy just like their Ponzi-scheme real estate sector: trading dollars, which means buying from within their own system to expand capacity and also serve the world. For example: a plastic moulder buys Chinese moulding machines, tooling & plastic materials, sells some products in China but wants to sell as much as possible to the world. The Machinery makers buy Chinese steel & materials. The Toolmakers buy Chinese steel & materials. The plastic formulator buys Chinese chemicals. The chemical companies must buy foreign oil with foreign currency. All the workers involved need to be paid and need foreign currency to buy imported goods. China can't feed itself; has little or no oil or natural gas; has a huge Military which produces zero and must be paid & fed. They need foreign money as exchange or investment because all the surplus (profits) go into the government's pockets unlike western industry which eventually supports itself, pays taxes & pays for expansion or invests elsewhere.
Only surplus wealth can be invested. I re-iterate: Only Surplus Wealth Can Be Invested. If all the income goes to burden(cost of buildings, insurance, equipment, tooling, inventory, power, etc., (costs that continue even if the factory is closed)); cost of production labor, materials, freight & power & taxes, if there is nothing left over to reinvest there or elsewhere, then expansion is precluded.
It has always been so in economics that countries need to sell as much as they buy from foreign markets to stay even with the board. The wealth of the country increases to the same extent that they have a trade surplus, and, wealth decreases to the same extent that they have a trade deficit. The US has been draining our national wealth for many years and it is reflected in the places where factories are close. When you remove the factory wages, the surrounding businesses; 7-11's, grocers, bakers, candlestick makers, etc., lose paying customers and stores close and can't be rented by real estate brokers who close, ad infinitum. You see on a small scale here in a town near you real estate that is empty for years and years until it is useless. Economies are closed systems. As wealth-leaks occur, wealth-producers shut down, and the chain extends because the original leak plus the subsequent shut down producers equals more shortfalls close-by and elsewhere in the chain. Think about that on a grand scale in rural flyover where factory towns no longer support themselves. Drive thru Detroit for a real education in dead cities on a grand scale.
The Generals in CCP are not good businessmen, as communists never are. The always run out of Lady Thatcher's, "Other People's Money". We, the former Shining City on the Hill need to lead the free world and bring China to its economic knees where they will capitulate like the USSR threw in the towel after 80 years of communism used-up all their wealth. We failed to do some nation-building in Russia at that time, and the bad people throughout the USSR divvied-up the resources and now run a closed system that keeps poor people poor. That can happen in China if whoever has the chance doesn't go in and supervise recombobulation when it falls. Look at South Korea, Japan, Germany & Austria for examples of what can be had when we put our mind to it. Look at Dresden and Hiroshima in 1945 and now. Look at East Berlin and West Berlin in 1987. Which is better for the local citizens & the world?
