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Hill: U.S. Must Rally Allies to Counter China's Supply-Chain and Lending Practices
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Summary
Rep. French Hill warned that U.S. reliance on Chinese supply chains and Beijing's lending in the developing world pose economic and security risks and called for coordinated trade policy with allies to protect strategic industries.
Rep. French Hill said the United States is too reliant on China for strategic minerals, pharmaceuticals and other components and urged a coordinated international response to what he called Beijing's "predatory lending practices."
"We need Republicans and Democrats working together to right size trade, to protect American industry and trade abroad, to protect our supply chains for pharmaceuticals, for national security supply chain," Hill said. He described China’s approach as having cornered key markets and processing strategic minerals and compounds.
The host and Hill discussed accusations that Chinese industrial policy often follows a pattern of "rob, replicate, replace," taking intellectual property and then undercutting foreign competitors. Hill argued the way to fight back is a trade policy that aligns the United States with Europe, Latin America, G7 countries, South Korea and Japan so those partners can jointly pressure China and encourage relocation of critical supply chains.
Hill singled out China’s lending practices in developing regions as a strategic concern and said the global South has been particularly affected. He called for multilateral action and trade arrangements in concert with allies to regain leverage over supply chains for strategic goods.
Hill framed the supply-chain strategy as both an economic and national-security priority and linked it to the broader need to complete appropriations and restore agency capacity to act on these issues.
