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Posts tagged as “executive”

Biden signs executive order to spur domestic supply chain

(Picture by Stefani ReynoldsGetty Pictures)

President Joe Biden has signed a source chain executive get that has an effect on a wide selection of supplies, which include prescription drugs.

The get mandates a a hundred-working day evaluate of 4 crucial products: semiconductors essential minerals and supplies, like rare earths, that are utilised to make metal for airplanes prescription drugs and their elements and innovative batteries, like the kinds utilised in electric cars.

A chip scarcity is squeezing automakers in the U.S. and worldwide, in accordance to The Wall Road Journal. Vehicles use chips for quite a few units, which include motor administration, automated braking and assisted driving.

Biden is also contacting for a just one-year evaluate of other supplies in six sectors of the economic climate, which include food items generation, to discover policy recommendations.
 
WHY THIS Matters

The COVID-19 pandemic showed how a great deal the United States depends

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