When President Joe Biden delivered his address to Congress, he promised to protect American jobs and bring foreign manufacturing, particularly from China, back to the United States. But in another move to appease socialist Democrats and the most extreme members of his party, Biden announced support for waiving intellectual property protections for COVID-19 vaccines under the World Trade Organization’s Agreement on Trade-Related Aspects of Intellectual Property Rights.
There is no doubt the U.S. and American companies have an important role to play in expanding vaccine production to meet the global need. However, rather than increasing vaccine supply to other countries, this disastrous proposal will harm innovation and prove to be counterproductive in our fight against the pandemic.
Stay informed.Stay ahead.
Join Washington Examiner for unlimited access to the news, analysis, and commentary that matter most.
Already a member? Log in
