Biden’s Plan to Rebuild U.S. Supply Chains, COVID-19 Pandemic Accelerates Reshoring

| Posted by unionwear

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