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Biden push to scale back US dependence on overseas suppliers in key sectors ‘faces many hurdles’ – NEWPAPER24

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Biden push to scale back US dependence on overseas suppliers in key sectors ‘faces many hurdles’

2021-02-25 13:48:09

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Regardless of US President Joe Biden’s push to place the ability of the federal authorities behind an effort to scale back the nation’s dependence on overseas suppliers in key sectors, doing so shall be very troublesome, very costly and take a very long time, observers stated.Biden signed an govt order on Wednesday directing a broad assessment of American provide chains for essential merchandise aiming to scale back reliance on overseas suppliers.The order requires federal businesses to start a 100-day assessment course of to search out…

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