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Scott Bessent: “90% of our medicines are made out of the country, much of…”

Featuring: Scott Bessent, Republican | Secretary of the Treasury | National

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Exclusive Interview with Treasury Secretary Scott Bessent at the 2026 Reagan National Economic Forum

Published | Video Starts at 02:48

And the only good thing that I could say about COVID was it was a beta test if the supply chains got disrupted. And we saw that we don't. 90% of our medicines are made out of the country, much of that in China and India. Semiconductors. 97% of advanced semiconductors made on the island of Taiwan. We're seeing now critical minerals. Where. Where have we been for the past couple of decades when these things got offshore? (02:48–02:55)

CLAIM

Asserts that 90% of U.S. medicines are manufactured abroad, primarily in China and India.

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