I despise socialism, but sometimes the free market outcome is bad for America. What do I mean? The free market says it's cheaper to make medicine in China, but It is not in our national interest to depend on China for 88% of our active ingredients. You talk about these rare earth minerals, in particular these metals and other things you dig out of the ground, we don't see it, but it's embedded in everything from that iPad to our defense contractor. (03:35–03:40)
CLAIM
Asserts that the U.S. depends on China for 88% of its active pharmaceutical ingredients.
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.
