They closed down their economy. But they are. All the things you complain about are subsidizing the semiconductors, shipbuilding, rare earths, those are strategic and we have to reshore those medicines. The precursors for 80 or 90% of US medicines come from India and China. So we need to re shore that. So we want to de risk. We do believe that the Chinese imbalances are getting excessive. (17:43–17:50)
CLAIM
Asserts that a significant majority of US medicine precursors are sourced from India and China.
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.
