Excellent news from the Trump White House:
Coronavirus Spurs U.S. Efforts to End China’s Chokehold on Drugs
The Trump administration says the U.S. is too dependent on China for vital drugs.
The global spread of the coronavirus is reigniting efforts by the Trump administration to encourage more American manufacturing of pharmaceuticals and reduce dependence on China for the drugs and medical products that fuel the federal health care system.
The effort includes a push by the White House trade adviser Peter Navarro to tighten “Buy American” laws so federal agencies are required to purchase American-made pharmaceuticals and medical equipment, according to people with knowledge of the plans.
To help facilitate such production, the White House is also pushing for streamlined regulatory approvals for American-made products and more detailed labeling of the origin of products made offshore, these people said.
This is excellent.
Guaranteeing that the US government will prioritize the purchase of drugs and medical supplies from US manufacturers made in the US gives a financial incentive to make those products here.
Add in the economy of scale and we should start to see American manufacturing cost competitiveness.
Our economy seems to be a house of cards build on a foundation of cheap Chinese labor bedrock, and that is an untenable situation. A hiccup in the Chinese economy should not threaten the collapse of the US economy.
I would go so far as to say that the US needs to create a “strategic skills and technology reserve.” We should give massive tax advantages for raw material production and machining in the US, domestic production and a continued influx of new workers into those areas so that if the Chinese have another hiccup we still have the capacity and capability here to make up the difference.
I fully support this Trump EO and I hope as China’s mishandling of the Coronavirus becomes more transparent, the President does more to bolster US manufacturing and production so when the dust settles, we are no longer so dependent on China for our economic survival.
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When I went to work in the avionics industry in 1996, I learned they were outsourcing some software Quality Assurance to China. I asked the SW manager “shouldn’t we only send our software to countries with copyright laws?” She gave me look that said, “I almost died on that hill”
Same thing here. Pharmaceutical companies are sending the most valuable Intellectual Property they have to a country that doesn’t recognize private property. China steals everything. **Everything**
The complication was that if we want to sell our radios to their airlines, they demand design information. I suspect the pharmaceutical companies got offered the same trade: “if you think you’re going to sell your drugs here, you have to make X% here” It’s not just them. India was the same way.
I also find it telling that despite all this The Democrats are still calling for open borders and unlimited mass migration. Even while this is going on. They got mad when Trump said that he would Restrict air travel to Europe. What’s gonna be the reaction when he shuts down the southern border? Imagine if coronavirus breaks out in Mexico because of the migrants. The Democrats will actually say we should bring them in to help them and to deliberately infect ourselves otherwise we are bigots. Because they are insane.
But then again it’s also well known that the Democrats hate the American people and want American people exterminated so bringing in disease to kill off or at least cripple the existing population by replacing them with hundreds of millions of illegal migrants it’s a win-win for them.
Absodamnlutely!