US Trade Rep points to pharmaceutical imports as risk if China entirely shuts down exports to US

North Carolina Congressman Greg Murphy and US Trade Representative Jamieson Greer discuss how if China were to shut off all exports overnight, medical supply chains would be among the hardest hit industries with American patients literally dying because they could not get medicines or other types of devices, emphasizing the need to restore pharmaceutical production immediately rather than waiting for the next crisis or conflict, noting that the Commerce Department would be undertaking an investigation of the pharmaceutical supply chain to assess what tools could be used, including potential tariffs to incentivize reshoring of production at an annual hearing by the House Ways and Means Committee on the Trump Administration's trade agenda.
North Carolina Congressman Greg Murphy and US Trade Representative Jamieson Greer discuss how if China were to shut off all exports overnight, medical supply chains would be among the hardest hit industries with American patients literally dying because they could not get medicines or other types of devices, emphasizing the need to restore pharmaceutical production immediately rather than waiting for the next crisis or conflict, noting that the Commerce Department would be undertaking an investigation of the pharmaceutical supply chain to assess what tools could be used, including potential tariffs to incentivize reshoring of production at an annual hearing by the House Ways and Means Committee on the Trump Administration's trade agenda.
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Editorial #:
2210906583
Coleção:
FedNet
Data da criação:
09 de abril de 2025
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Rights-ready
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00:00:53:38
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Washington, DC, United States
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FedNet
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