I’m one of @audioman58 very happy Denafrips DAC customers purchased in the past 60 days, a Venus 15th. If I look at my HiFi components they are from the US, Italy, China (Denafrips and Arendal) Although Arendal is a direct to consumer Norwegian brand. The only way to compete is to be smarter, more innovative and creative and maximize what each manufacturing location offers ( the WiiM Ultra is a classic case of this) and artificial barriers only diminish us all.
Chinese DAC's
I have been looking at several DAC's trying to decide which one to put in my system. Some of those DAC's I'm looking at are built and designed in China. Without getting political I don't think trade with China will ever be the same. I hope that these engineers are able to get there products to market. It would sure be a waste of talent.