It's unrealistic for any nation to do everything themselves, but they can make some changes in response to the US starting trade wars, ditching foreign policy/climate objectives, etc...
Sovereignty is not about building everything yourself. Division of labor advances civilization, but it doesn’t have to come at the cost of sovereignty. Sovereignty is about designing the work contract such that you don’t become entirely beholden to another party. You build hardware for me, but after that it’s mine, not yours. I trust you to build the hardware to fulfill that contract, and if you ever break that trust I’ll find someone else to build that hardware. That’s sovereignty. I don’t have to build everything myself.