Is it labor issues? Why is it so much cheaper other places to build the ship? So I'd say. I'd say a couple things. One, so in China, China does have cheaper labor. I think the Secretary of Treasury called it slave labor, which is probably apropos. I think that we have very, very heavy regulations, you know, still. Still. And the President is looking to really clear that up. Quite correct. Correctly. (04:59–05:07)
CLAIM
Asserts that China's cheaper labor, referred to as 'slave labor' by the Secretary of Treasury, impacts shipbuilding costs.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.
