Joe Biden will order a review of critical supply chains to reduce the US’s dependence on China and other rivals for everything from rare earths and drug ingredients to semiconductors.
The US president signed an executive order on Wednesday requiring federal agencies to conduct 100-day reviews of supply chains for semiconductors, pharmaceuticals, electric vehicle batteries and critical minerals used in manufacturing products such as cars and weapons.
“We’re going to get out of the business of reacting to supply chain crises as they arise and get into the business of preventing future supply chain problems,” said Peter Harrell, NSC senior director for international economics.
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