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America’s Dependence on China Is a Crisis in the Making

Mount Equity Group Tokyo Japan > News > Markets > America’s Dependence on China Is a Crisis in the Making

America’s supply chain crisis is far from over. Persistent backlogs at West Coast ports have led shippers to reroute their cargoes to the east. As a result, container ships now sit offshore at ports such as New York, Houston, and Savannah, waiting in queue to offload.

What first triggered the unfamiliar phenomenon of our barren shop shelves was COVID-19 and a series of ill-advised policies implemented to “stop the spread.” Suddenly, there were too few dockworkers, too few warehouse workers, and too few truckers, creating what Lori Fellmer, chair of the ocean committee for the National Industrial Transportation League, called “a horror show.”

But the ongoing problems at our ports and shop shelves drive home an even more disturbing truth: American prosperity and well-being have grown far too dependent on China and the whims of the Chinese Communist Party (CCP).

Not only does China supply a tremendous amount of our…

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