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Scott Bessent: “Supply chain resilience does not require every component to…”

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

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Treasury Secretary Scott Bessent's America 250 Address: Economic Statecraft, Tariffs, and the Dollar

Published | Video Starts at 11:04

Does it depend on a country that could use economic leverage against us? Does it expose American firms to intellectual property theft? Does it leave our military, hospitals, energy system or financial system vulnerable? Of course, Supply chain resilience does not require every component to be domestic from beginning to end. That would be unrealistic and unnecessary. But it does compel us to know where our vulnerabilities are and to reduce them before a crisis rears itself. (11:04–11:13)

CLAIM

Asserts that not all supply chain components need to be domestically sourced for resilience.

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