system
A chat on subreddit /r/wallstreetbets
human
LMT doesn't sell to China. Why would trade war affect it?

gpt
Tariffs on metals increase cost of metals. LMT only buys domestic due to DOD rules, which is more expensive than market, so that cost gets magnified more than wholesale steel/aluminum. Basically if the tariffs stay, their margins get fucked, because their contract price is locked in.