… we don't see it, but it's embedded in everything from that iPad to our defense contractor. China controls 80 something percent of the global market in terms of the export. If tomorrow China decided we are going to deny US defense contractors these elements, heavy rare earth elements, it would shut down defense contract. We would not be able to make. No matter how much money we spent, we would not be able to make the things to defend our country. (03:55–04:06)
CLAIM
Asserts that U.S. defense contractors are vulnerable to Chinese control over rare earth elements.
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.
