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Today, I'm introducing the BEAT #CHINA Act.
As we are seeing play out in real time, the US does not have nearly enough control of the pharmaceutical supply chain. We need to be looking for options today to alleviate our dependence on China for pharmaceuticals.
Roughly 97 percent of the antibiotics used in the U.S. come from China, and necessary ingredients for many lifesaving drugs are made exclusively in China. If the Chinese wanted to put us in a serious bind, they could withhold these lifesaving drugs from the United States.
In fact, communist China's government-run newspapers have already suggested it. We must ensure that our national security is not at risk through threats to the medical supply chain.
If we reform our tax code, we can give companies incentives to produce in the U.S. My legislation will offer a few specific changes to the tax code, and will allow qualifying companies to obtain beneficial tax treatments for manufacturing in U.S. territories.
So, Please make the Pharmaceutical factory back to U.S. Sir~!
#antichinazi #BoycottChina #coronavirus
Never trust the #CCP. WHO knows what is inside the drug.
It is a good time to review your supply chain.
#CCP_is_terrorist
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