Overhead? Its another rumor. I'm sure there are China Hawks which are pushing for something like this. Will it happen? Maybe maybe not. China should consider dumping US Bonds or Banning US dollars or Full on military war with the US.
CarlZha predicted for SMIC in August
And he was right
So i trust him when he says that
Ironically the most dangerous moment will be if Trump loses (because he will have nothing to lose) and Biden wins, people like Pompeo, Matthew Pottinger and Peter Navarro will push him to declare an all-out tech war on China, let's not forget that even if Trump loses, he will have to stay another 3 months until January during the transition period, this transition period will be the most dangerous.
On the contrary, if he wins, he will think of the benefit of phase 2 of the deal.