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More foreign dependence makes you more vulnerable in a war, and definitely doesn't prevent war. It makes you an easier target.

Also what you see as peaceful, others see as a stalemate unfortunately. Hopefully it lasts.

The whole point is that right now China does not depend on us as much as we depend on them for manufacturing. We need to correct the balance, or at least expanding manufacturing in neutral or allied countries.

If a war breaks out now, they are in a better position regarding manufactured goods. Rare earth metals too.

In this scenario, if your adversary produced or had control over your entire military supply chain, do you think that would give them less leverage or more leverage? Would it make them less hostile, or more hostile? Leverage is everything, in trade, war, and peace.