That has had the effect of costing this country millions of jobs, over 100,000 factories. But equally important, from an economic and national security point of view, what Countries around the world have done exploiting their mercantilism is take apart key aspects of our supply chains. whether it's in pharmaceuticals, whether, as you've seen recently with the rare earth magnets, ball bearings, there's all sorts of things that our defense industrial base and our manufacturing base simply can't produce anymore. (07:18–07:29)
CLAIM
Asserts that foreign mercantilism has dismantled key U.S. supply chains.
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.
