The New Paper

February 25, 2021

Biden orders review of US supply chains for critical goods

President Biden ordered a review of US supply chains for several critical products and materials yesterday, including semiconductors, high-capacity batteries, rare earth elements, and pharmaceuticals. The executive order (source) calls for a 100-day review of supply chain risks and opportunities for improvement (including domestic manufacturing). The action was driven in part by a desire to reduce US reliance on international trading partners.

More context: The order comes amid a global semiconductor shortage, which has caused several US automakers to temporarily cut production.
This story is from the February 25, 2021 edition of The New Paper – a clear, concise daily briefing that makes fact-first news easy to consume. Try it today.