| President Joe Biden signed an executive order Wednesday requiring a review of the global supply chains in key industries in an effort to boost domestic production and avoid shortages in critical goods amid the coronavirus pandemic. The executive order calls for a 100-day review to assess vulnerabilities and areas for improvement of supply chains for four areas: pharmaceuticals, rare earth minerals, semiconductor chips and large-capacity batteries. Biden said that the solution to supply chain issues will be to increase domestic production in certain industries as well as work with allies to prevent future shortages. |
Connect - Convene - Collaborate