We are relying too much on other countries for vital products and commodities, says Treasury Secretary Scott Bessent, and he sees this as a national security issue. He may have a point; there are critical items, like microprocessors and pharmaceuticals, in which we rely heavily on other nations. Some of those nations are not friendly. Some of them are downright hostile.
On Sunday, Bessent appeared on NBC’s “Meet the Press” to describe his concerns.
.@SecScottBessent: This is a national security problem, which we saw during COVID with our supply chains — and President Trump has decided that we cannot be at risk like that, dependent on foreign countries for our crucial medicines, for semiconductors, for shipping. pic.twitter.com/1XkWcv7qjd
— Rapid Response 47 (@RapidResponse47) April 6, 2025
Secretary Bessent said:
This has been years in the building. Years…
