This was published 4 years ago
Coronavirus shows US too dependent on cheap medical imports, USTR says
By David Lawder
Washington: US Trade Representative Robert Lighthizer said on Monday that G20 trade ministers should work resolve disruptions to supply chains for medical products needed to fight the coronavirus but warned that the pandemic has revealed vulnerabilities in the US economy.
US trade czar Robert Lighthizer.Credit: Bloomberg
"Unfortunately, like others, we are learning in this crisis that over-dependence on other countries as a source of cheap medical products and supplies has created a strategic vulnerability to our economy," Lighthizer said in remarks delivered to a G20 trade ministers call.
"For the United States, we are encouraging diversification of supply chains and seeking to promote more manufacturing at home."
Reuters