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2021-06-08

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Biden administration announces plans to strengthen critical supply chains

KEY POINTS The Biden administration will announce new actions designed to strengthen critical U.S.

Biden administration announces plans to strengthen critical supply chains

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apoc88
·2021-06-08
help reply to my comment pls
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  yeap
  2021-06-08
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The grants will be administered by the Department of Labor.\nThe Department of Energy will announce a new policy that requires awardees of DOE research and development grants to \"substantially manufacture those products in the United States.\"\nAlong with these efforts to bolster domestic supply chains, the Biden administration will also announce new steps to combat \"unfair foreign trade practices,\" which it says have contributed to the erosion of supply chains around the world.\nOne of these will be the creation of a \"trade strike force\" led by the U.S. Trade Representative's office. The strike force will aim to identify \"unilateral and multilateral\" enforcement actions the United States can take to punish countries that it believes are engaging in unfair trade practices. 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