The announced 10% U.S. tariffs for Chinese imports will increase electronic component pricing and upon the entire electronics supply chain. Consider PCBs for China accounts for more than half of the global market. The hyper growth AI data center segment is reliant on high-layer-count PCBs. China represents over a third total production. Chinese firms also enjoy upward of 60% market share for other advanced PCBs in artificial intelligence servers but for a myriad end markets. While AI gets all the attention—worldwide aerospace & defense demand for PCBs is growing markedly and electronic component sourcing in the space is in China-Zero verses China-Plus-One modes.