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Marco Rubio: “We can't compete with China in rare earth minerals because…”

Featuring: Marco Rubio, Republican | Secretary of State, United States | National

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Future Secretary of State Marco Rubio on China & American Economic Policy

Published | Video Starts at 21:16

And by the way, understand this, the reason why we have to is because you can't, for example, rare earth minerals. We can't compete with China in rare earth minerals because they will undercut our price. No matter what you do, no matter what price we come at, they'll undercut the price, subsidize it so that. So that no American company can succeed and they can own the market share of it. (21:16–21:21)

CLAIM

Asserts that the U.S. cannot compete with China in rare earth minerals due to price undercutting.

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.


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