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.”

Speaking with Breitbart Business Digest co-authors Alex Marlow and John Carney in the historic Cash Room of the Treasury Building, Bessent laid out a strategy of “de-risking, not decoupling” from China across strategic industries including rare earths, pharmaceuticals, semiconductors, steel, and shipbuilding.

WATCH:

How America Lost Its Rare Earth Industry

“It’s inexcusable,” Bessent said of America’s current vu

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