new video loaded: Biden Signs Order to Strengthen Supply Chains
Biden Signs Order to Strengthen Supply Chains
President Biden signed an govt order geared toward decreasing U.S. reliance on foreign-made merchandise, particularly in a nationwide emergency, after a bipartisan assembly with lawmakers.
The vp and I had a really productive assembly with a bipartisan group of senators and House members to handle a problem of each concern to our financial safety in addition to our nationwide safety: the resilience and reliability of our crucial provide chains. This is a crucial space the place Republicans and Democrats agreed it was top-of-the-line conferences, it’s the perfect assembly I feel we’ve had to this point, although we’ve solely been right here about 5 weeks. It was just like the previous days. People truly had been on the identical web page. The American folks ought to by no means face shortages within the items and providers they depend on, whether or not that’s their automobile or the prescription medicines or the meals on the native grocery retailer. We shouldn’t have to depend on a overseas nation, particularly one which doesn’t share our curiosity or our values, so as to defend and supply our folks throughout a nationwide emergency. This order initiates a long-term evaluation of the business bases of six sectors of our general economic system over the subsequent yr. These critiques will determine coverage suggestions to 40 of our provide chain — excuse me, to fortify our provide chains at each step and critically to begin implementing these suggestions straight away.
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