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Published 2 months ago

Ramaswamy unveils plan to 'declare economic independence from China' in upcoming policy speech

  • Indian American entrepreneur and Republican Presidential hopeful Vivek Ramaswamy will present a plan for the US to declare independence from China. He will address the connection between the rise of stakeholder capitalism in the West and China's use of it to achieve economic parity with the US.
  • Ramaswamy proposes reducing US pharmaceutical dependence on China by strengthening trade partnerships with Israel and India. He also suggests similar efforts to secure rare earth minerals from countries like India and Brazil.
  • Ramaswamy advocates for a pro-trade approach to sensibly decoupling from China, including limiting engagement in other parts of the world to reinvest in the US domestic base. He also plans to end the H-1B visa program and replace the lottery system with a meritocratic admission process.
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