In February 2021, President Joe Biden signed an executive order to “create more resilient and secure supply chains for critical and essential goods,” addressing weaknesses exposed by the pandemic, including a lack of personal protective equipment manufacturing. This left hospitals unprepared for the spike in COVID-19 cases.
According to the article, a broader, one-year assessment is scheduled for U.S. defense and public health industrial bases, information technology, transportation, and supply chains for food and agriculture.
This aims to create a domestic industrial sector less subject to future trade conflicts, thus lessening multinational corporations’ dependence on China’s capabilities, innovation, and labor.
Have a look at the ThomasNet article HERE
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