I mean, one of the things that we were just getting briefed on in the SCIF at the Pentagon was the rising threat of China in every way. And so we have to take that seriously. If you look across the board, In 2024, just by one metric, we had a trade deficit of $1.2 trillion. That means that other companies are taking advantage of us, and we've got to fix it. That doesn't serve American manufacturers and workers and consumers. (02:48–02:56)
CLAIM
Asserts that the U.S. had a trade deficit of $1.2 trillion in 2024.
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