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

10 Movies To Watch For America 250

Wondering what to watch to celebrate America 250, your worries are over. I’ve put together a list of ten movies with patriotic, colonial America, and Revolutionary War themes.
00:02:04

Forged on the frontier

George Washington is widely known as a general and president, but his early life remains obscured by myth, legend, and misunderstanding.
00:02:52

A bobblehead too far

The Orioles did not just hand out a bobblehead. They sent a message that the legacy of their own players is not enough to draw.

Congress fumbles college sports

College sports landscape is a dumpster fire and every sports reporter, broadcaster and fan believes Congress needs to stay out of it.

The Hating Game

The Democrat Party game show should be titled "The Hating Game", played by pitting one class, race, or identity against another for political power.
00:01:38

Utah Declares State of Emergency as Largest Wildfire in US Grows

Utah declared a state of emergency and temporary fireworks ban over extreme fire conditions and a growing number of blazes across the state.
00:01:13

Trump Says Reflecting Pool Damage Will Be Fixed After July 4

President Trump said the Lincoln Memorial Reflecting Pool in Washington would be repaired after July 4 due to damage allegedly caused by vandals.
00:01:08

Texas Approves Bible Stories as Required Reading in Public Schools

The Texas Board of Education approved on Friday a new public school reading list that includes stories from the Bible.

Trump Shares New US Passport Design on Truth Social

The mockup shows limited-edition passports planned for a July...
00:05:14

Trump Cancels Signing of Housing Affordability Bill, Says SAVE Act Should Be Passed First

Trump canceled signing of a bipartisan housing bill aimed at lowering home prices, saying an election integrity bill should be passed by Congress first.
00:39:13

Trump Signs Orders to Boost Development in Quantum Computing

President Trump signed two executive orders to accelerate quantum computing development and strengthen U.S. leadership in this emerging technology sector.

Banning Hospitals’ Certain Contracts Could Save Americans $45 Billion, Report Finds

A ban on certain contracts between hospital systems and health insurers could save Americans around $45 billion, according to a report.
spot_img

Related Articles

Popular Categories

MAGA Business Central