Senator Kelly Loeffler (R-Ga.) spoke to Fox News about the bills she is sponsoring to encourage local companies to bring their manufacturing back into the country. She also blamed Beijing for knowing about the virus and hiding it, “we have to hold China accountable and make sure that this never happens again,” the senator said.
The Georgia senator has made it her mission to make China pay for the CCP Virus crisis. “China knew about this virus. They failed to warn us. They lied to us, and they covered up and then denied doing that,” she said.
Because of the country’s lockdown measures, the economy lost at least 60 million jobs and billions of dollars. And the way to close that wound is to bet on a domestic economy.
In her first term in office, Loeffler, a businesswoman herself, sponsored the BEAT CHINA Act, which proposes to give tax incentives to American companies that bring their manufacturing back into the country. The law targets the pharmaceutical and medical supply industries in particular.
According to the Food and Drug Administration, the United States currently receives approximately 80 percent of the pharmaceutical industry ingredients from abroad, mainly from China.
“For too long, our manufacturing has moved overseas, taking American jobs, jeopardizing our supply chains and forcing us to depend on competitors,” Senator Loeffler said in introducing the bill.
She added: “The COVID-19 pandemic has shown us just how dangerous it is to rely so heavily on other countries, including China, for critical, life-saving products like drugs and medical devices as well as supplies like gowns, masks, and swabs. It is time we incentivize companies to bring those factories and jobs back to the United States.”
She explained that having manufacturing in the country creates a virtuous cycle that generates more jobs because one industry needs another and vice versa.
Loeffler is a supporter of President Trump’s America First policy but has also been involved in other bills to punish officials in Beijing for their human rights violations.
This bill’s announcement coincides with the recent news that the Trump Administration is making steady progress in reforming the H-1B visa program used by large U.S. companies to hire foreigners at much lower wages and under more employer-friendly conditions.