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How dependent is the US on China for medical products and pharmaceuticals? Maybe less than you would think based on the current discourse...
This report from the non-partisan Congressional Research Service is fascinating:
https://crsreports.congress.gov/product/pdf/R/R46304
This report from the non-partisan Congressional Research Service is fascinating:
https://crsreports.congress.gov/product/pdf/R/R46304
The share with some PPE and Covid-19 related materials is different, of course.
And remember that is all just share of US IMPORTS. That doesn't get at domestic production etc. The US is a significant exporter of medical equipment.
This is from a WTO report:
This is from a WTO report:
Coming into this crisis China was a big producer/exporter of personal protective equipment. But so were the US and Germany...
Again, from the WTO:
Again, from the WTO:
The WTO doesn't chart it. But it also has the numbers on those face masks.
Full report here: https://www.wto.org/english/news_e/news20_e/rese_03apr20_e.pdf
Full report here: https://www.wto.org/english/news_e/news20_e/rese_03apr20_e.pdf
