The Chinese are also not burdened with the taxes and
insurance US Manufactures have. For example, here at Super-T we carry four
insurance policies, two required by MN law and the other two required by the leasing companies (Workmans Comp, Propertly Liability, Unemployment and Equipment (fire, theft). Couple that with equipment loan payments, Shop rent, Employee wages, Tooling, electricity, product material and subcomponent costs and a myriad of other costs(website,product design, plating, advertising, CC processors, drafting, accountant, engineering etc) and you can start to see the real costs involved in producing just a "round tube".