China's Grip on Medicine: A Global Risk?

Markets & Money Today | 2 Min News | The Daily News Now! - A podcast by The Daily News Now! - Saturdays

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Is your medicine cabinet under China's control? Forget rare earth elements, the real leverage President Xi Jinping holds over the U.S. lies in its dominance of active pharmaceutical ingredients (APIs). This episode uncovers America's alarming reliance on Chinese-made medicines and raw materials, the potential for pharmaceuticals to become a pawn in trade wars, and the scramble to bring drug manufacturing back home before it's too late.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.