Navarro: Kodak will produce key starting materials, active pharmaceutical ingredients
Director of the White House Office of Trade and Manufacturing Policy Peter Navarro on Kodak winning a government loan as part of a new manufacturing initiative.
White House trade adviser Peter Navarro announced Tuesday the federal government's partnership with Kodak to begin bringing medical manufacturing back to the U.S.
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KUDLOW MAINTAINS V-SHAPED RECOVERY STILL INTACT
"This is the beginning of American independence from our pharmaceutical dependence on foreign countries," Navarro said on FOX Business' "Mornings with Maria." "It started with the president months ago telling my office, hey we need to bring those supply chains back. Then he made a critical and creative decision when he signed an executive order which enabled the Development Finance Corporation … to figure out ways to finance bringing those supply chains home."