Q opportunity. China has roughly three million factories. US has 250,000. The assumption is they've got cheap labor. Looks like they've got automation. Things are very different on the ground than what folks read about. As we try and compete, what industries are going to be first from a manufacturing perspective that we can actually compete successfully? And do we need trade tariffs in order to succeed? On the competitive landscape.
A So I, I think there's two really important points. One is, there's industries that we have to reshore, specifically in defense. We have to produce submarines and ships and munitions. Uh, we have to produce things like rare earth magnets and drones. We just have to do it. Um, the tariffs really help, and this trade policy is really important, because you've got to understand that, yes, China is more competitive than us, but the CCP also nationally subsidizes the cost of energy, the cost of raw material, and because we've kind of degraded this capacity, like, not having nuclear in the US, like, we can't compete on those raw inputs. So it'll start with our most critical industries first, but I think as AI goes through manufacturing, you'll create millions of jobs, and that will allow us to reshore more commercial volume, not just in defense, and I think that's the most important thing.
AI assessment note: “The tariffs really help, and this trade policy is really important”