It's not OK. It's bad if either do it. So if your response to "China is bad" is not "That is bad" but "The US is bad too!", then it's a big red flag that the discussion isn't about security, but something else.
The entire discussion started not with whether "China is bad", but whether US is better:
> Hopefully this will push RISC-V manufacturing efforts in the US before the market becomes flooded with cheap open source and most likely backdoored chips manufactured in China