Thread: Seema Verma
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Default Seema Verma

wrote:
On Fri, 13 Mar 2020 10:47:30 -0400, "Mr. Luddite"
wrote:

I could never figure out why China as a potential adversary is the
primary source for aircraft components, auto industry parts and so
on.


===

Cheap, abundant labor combined with lax environmental policies have
led to very low production costs. That's a tough combination to beat
in a highly competitive global marketplace.


95% of our printed circuit boards come from China. Should be a huge
tariff to level the field on those. We depend on technology for our
military being fantastic. How do we supply them if China stops doing the
boards? Way to much dependence on single source. I will use Rubbermaid
as an example. For years was listed as one of the best run companies in
the world. They let Walmart be the outlet for 85% of their output. When
raw materials cost went up, Rubbermaid want a cost increase. Walmart
demanded a decrease in price. Now Rubbermaid is Chinese owned and they
are the 5th owner. Single source problem?