Is the U.S. secure? Does the national security of the United States have vulnerabilities? What are the U.S. vulnerabilities with regard to foreign trade? This episode focuses on the national security vulnerability for the United States due to the reliance of specific imported goods. Oil, PPE, pharmaceuticals and technology. The pandemic revealed the United States relies too much on China for PPE and pharmaceuticals, and too much on Russia and other adversaries for oil. How can the United States alter their foreign trade deals to secure the country? One way is to transition strategic goods from offshore to onshore--produced/created in the United States.
In order to do this, elected officials, bureaucrats and the private sector will need to be in agreement that a higher cost is worth it to protect the United States of America.
00:00 Introduction 00:27 Podcast Announcement 02:12 We Value Security In Life 05:25 Expansion of International Trade 09:47 Vulnerability of Foreign Goods 15:14 China Worst Case Scenario 18:24 Oil Vulnerability 23:56 Technology National Security 25:35 What Is America's Future Strategy 27:14 Closing Statement