Treasury’s Bessent: America “Taking Back Our Sovereignty” on Rare Earths and Pharmaceuticals
Treasury Secretary Scott Bessent told Breitbart Business Digest in an exclusive interview that the Trump administration is determined to end America’s dangerous dependence on China for critical materials and pharmaceuticals, describing the effort as “taking back our sovereignty.”
How America Lost Its Rare Earth Industry
“It’s inexcusable,” Bessent said of America’s current vulnerability. “This is back to this unfettered free trade idea. The technology, especially in rare earth magnets, that’s being used against us — it was U.S. technology.”
The Treasury…
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