Baby formula shortage has Biden administration’s focus
A baby formula shortage in the United States is driving parents to swap, sell and offer leftover supplies to each other, as President Joe Biden spoke with manufacturers and retailers Thursday about the plight facing families. The president discussed with executives from Reckitt and Gerber how they could increase production and how his administration could help, and talked with leaders from Walmart and Target about how to restock shelves and address regional disparities in access to formula, the White House said.
The administration plans to monitor possible price gouging and work with trading partners in Mexico, Chile, Ireland and the Netherlands on imports, even though 98% of baby formula is domestically made.
The problem is the result of supply chain disruptions and a safety recall. The shortage is weighing particularly on lower-income families after the contamination recall by formula maker Abbott.