Daily Camera (Boulder)

Biden orders a review of U.S. supply chains

-

President Joe Biden signed an executive order Wednesday intended to boost manufactur­ing jobs by strengthen­ing U.S. supply chains for advanced batteries, pharmaceut­icals, critical minerals and semiconduc­tors.

The United States has become increasing­ly reliant on impor ts of these goods — a potential national security and economic risk that the Biden administra­tion hopes to address with the planned 100day review and the possibilit­y of increased domestic production. However, Biden will also look to work with internatio­nal partners to ensure a stable and reliable supply chain.

“These are the kinds of common sense solutions that all Americans can get behind,” Biden said at a White House ceremony. “It’s about resilience, identifyin­g possible points of vulnerabil­ities in our supply chains and making sure we have the backup alternativ­es or workaround­s in place.”

White House officials emphasized that the order would help to create manufactur­ing jobs, a promise made by past presidents with decidedly mixed results. There are 12.2 million manufactur­ing jobs in the United States, down from 17 million in 2000, according to the Bureau of Labor Statistics.

Biden’s team declined to say how many manufactur­ing jobs could be created, only that the benefits would extend past factor y work. Sameera Fazili, deputy director of the White

House National Economic Council, said there will be spillover research and developmen­t and jobs in the ser vices sector.

Newspapers in English

Newspapers from United States