Scott Bessent: “97% of advanced semiconductors made on the island of Taiwan.”

“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? The steel industry, shipmaking.” (02:56–03:01)

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