US Racing Against Time to Reclaim Supply Chain From China: Former Commerce Official

5Mind. The Meme Platform
The Epoch Times Header

‘Imagine a U.S. economy with zero manufacturing,’ warns former Trump official Nazak Nikakhtar, after China announced export control on industrial diamonds.

WASHINGTON—A former Department of Commerce official recently stressed the urgency of the threat of U.S. supply chain dependence on communist China.

“We are running out of time. We really need to race to solve this,” Nazak Nikakhtar, former assistant secretary for Industry and Analysis during the first Trump administration, recently told EpochTV’s “American Thought Leaders,” adding that the problem had been neglected for “at least two decades.”

According to Nikakhtar, the issue stems from the deliberate strategic actions of the Chinese communist regime. She said that for many years, Beijing has engaged in unfair trade practices—often paying subsidiaries to flood the global market with cheap made-in-China products that others can’t compete with, thereby gaining control of an industry’s supply chain and moving on to undercut the next one.

Compared with China’s dominance in the production of steel, batteries, solar cells, and personal protective equipment—all of which the American public is aware of because of the tariffs imposed during the Trump and Biden administrations—China’s dominance in lab-grown industrial diamond production is equally critical yet lesser known.

These diamonds are essential for cutting tools—crucial for building, drilling, and manufacturing. The affected industries range from cars to aerospace and defense. According to the U.S. Geological Survey (USGS), China produces 95 percent of the world’s synthetic diamonds, and U.S. dependence on imports has fluctuated between 80 and 95 percent since 2018.

On Dec. 3, China’s ruling communist party banned the export of industrial diamonds to the United States, along with gallium, germanium, and antimony—materials critical for making semiconductors. The decision was announced a day after the United States added advanced semiconductor manufacturing equipment and software to its export controls to curb Beijing’s access to these critical elements for developing artificial intelligence.

Diamonds for Industrial Power

Also referred to as “super hard materials,” industrial diamonds are part of “Made in China 2025,” the Chinese communist regime’s 10-year industrial policy aimed at achieving dominance in advanced manufacturing worldwide.

By Terri Wu and Jan Jekielek

Read Full Article on TheEpochTimes.com

Contact Your Elected Officials
The Epoch Times
The Epoch Timeshttps://www.theepochtimes.com/
Tired of biased news? The Epoch Times is truthful, factual news that other media outlets don't report. No spin. No agenda. Just honest journalism like it used to be.
00:02:22

Young Washington: Movie Review

Sitting in the theater watching Young Washington, I found myself wondering why this story hadn’t been made into a film sooner.
00:02:08

A Movie That’ll Keep You Awake: A Great Awakening

So how does someone (me) who thinks they’ve just seen the greatest movie ever (A Great Awakening), persuade you to watch it?

Ring That Bell

If I could travel back in time to 1776,...

Thoughts On America 250

Before you, American reader, is the honor, blessing, and privilege of celebrating the 250th anniversary of our nation. A nation toward which God has been merciful, shining His great grace.
00:01:39

Citizen Vigilante Delivers the Warning Western Governments Desperately Need to Hear

Citizen Vigilante shows what happens when the state stops defending the native population and shields favored migrant groups while criminalizing native dissent.

FBI Task Force Targeting Transnational Repression Across US: Patel

Multiple criminal networks involved in transnational repression on U.S. soil have been dismantled by the FBI, director Kash Patel said.

ICE to Complete Rollout of Body-Worn Cameras This Month

ICE officers will be equipped with body-worn cameras by the end of August, the agency’s acting director, David Venturella, said on Saturday.
00:07:35

Dispute Over Transgender Members Rattles Daughters of the American Revolution

One of the largest and oldest patriotic groups is in turmoil over males being admitted as ‘daughters’—and GOP lawmakers are intervening.

Federal Judge Approves End of Temporary Protected Status for Nearly 4,000 Burmese Nationals

A federal judge permitted the DHS to end temporary protected status (TPS) for nearly 4,000 people from Burma.
00:02:03

Senate Confirms Todd Blanche as Attorney General

President Trump’s nominee for AG, Todd Blanche, has been confirmed in the Senate after a few fellow Republicans reconsidered their opposition.

Senate Confirms 74 Trump Nominees, Including 4 US Attorneys

The Senate confirmed four U.S. attorneys, four U.S. marshals, and the inspector general for the DOJ in a package of 74 executive nominees.
00:02:07

Trump Signs Orders to Curb Birthright Citizenship, Target Birth Tourism

President Trump signed two EOs that will restrict automatic citizenship to ​children born in the US because of commercial birth tourism and several other factors.
00:01:20

Blanche Nomination Advances to Senate Floor Vote

The Senate Judiciary Committee on Aug. 3 advanced the nomination of Todd Blanche as U.S. attorney general after he struck a deal with two GOP holdouts.
spot_img

Related Articles

Popular Categories

MAGA Business Central