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. Very tough for the world to have a China with a trillion dollar trade surplus. We put up our tariff wall, the goods have gone to the rest of the world. (17:55–18:01)
CLAIM
Asserts that Chinese economic imbalances are becoming excessive.
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