As the United States and other countries respond to the COVID-19 pandemic, shortages of some medical products, like personal protective equipment (PPE), have led to renewed calls for “Buy American” rules and other measures to “reshore” supply chains.
Let’s be very clear: The U.S. Chamber of Commerce is laser-focused on making the United States the best place in the world to invest, manufacture, hire, and do business. Before, during, and after the pandemic, we are working around the clock to strengthen American industry here at home.
But as we debate this issue, we first have to get the facts straight. For example, it’s common to hear that 80% of the pharmaceuticals consumed in the United States come from China, but it happens to be wrong. In fact, 70% of our pharmaceuticals are made in America, and China is the source of less than 1% of all the pharmaceuticals Americans consume.
Read more: Safeguarding the U.S. Supply of Medicines and Medical Products