![]() Support domestic production of critical medicines 14017, the Biden-Harris Administration will immediately: To address vulnerabilities in the supply chains of the four critical products identified by E.O. The actions the Biden-Harris Administration announced today are the first step in a whole-of-government effort to strengthen domestic competitiveness and supply chain resilience. ![]() Taking Action to Address Vulnerabilities in Critical Product Supply Chains Working together, industry, labor, the government, and other stakeholders can chart a new path forward that emphasizes resilience and security, as well as broad-based growth and tackling the climate crisis. Our unparalleled university and research systems, skilled and diverse workforce, ecosystem of entrepreneurs and small businesses, and position as a global leader with strong relationships with allies and partners are the building blocks to revitalizing domestic competitiveness and strengthening supply chains. industrial base, siphoned innovation from the United States, and stifled wage and productivity growth.Īt the same time, the reviews find that the United States is well-positioned to maintain and strengthen our innovative leadership and rebuild our productive capacity in key sectors and value-chains. Unfair trade practices by competitor nations and private sector and public policy prioritization of low-cost labor, just-in-time production, consolidation, and private sector focus on short-term returns over long-term investment have hollowed out the U.S. While amplified by the public health and economic crisis, decades of underinvestment and public policy choices led to fragile supply chains across a range of sectors and products. These efforts are critical because, as the COVID-19 pandemic and resulting economic crisis have shown, structural weaknesses in both domestic and international supply chains threaten America’s economic and national security. The supply chain reviews reinforce the need for the transformative investments proposed in the President’s American Jobs Plan. 14017, it is crafting strategies for six industrial bases that underpin America’s economic and national security, which will be completed within a year. The Administration is taking immediate action to address vulnerabilities and strengthen resilience with the launch of a new effort aimed at addressing near-term supply chain disruptions. Today, building on these efforts, the Administration released findings from the comprehensive 100-day supply chain assessments for four critical products: semiconductor manufacturing and advanced packaging large capacity batteries, like those for electric vehicles critical minerals and materials and pharmaceuticals and active pharmaceutical ingredients (APIs). 14028 on “Improving the Nation’s Cyber Security” just last month. supply chains and critical infrastructure, including issuing E.O. And the Biden-Harris Administration is working to address critical cyber vulnerabilities to U.S.The Department of Defense (DOD) has announced an investment in the expansion of the largest rare earth element mining and processing company outside of China to provide the raw materials necessary to help combat the climate crisis.The Administration has also worked with companies that manufacture and use semiconductor chips to identify improvements in supply chain management practices that can strengthen the semiconductor supply chain over time.The Administration’s COVID-19 Response Team has drastically expanded the manufacture of vaccines and other essential supplies, enabling more than 137 million Americans to get fully vaccinated.Stemming from that effort, the Biden-Harris Administration has already begun to take steps to address supply chain vulnerabilities: ![]() 14017, directing a whole-of-government approach to assessing vulnerabilities in, and strengthening the resilience of, critical supply chains. On February 24, 2021, the President signed E.O. Today, the Biden-Harris Administration is announcing key findings from the reviews directed under Executive Order (E.O.) 14017 “America’s Supply Chains,” as well as immediate actions the Administration will take to strengthen American supply chains to promote economic security, national security, and good-paying, union jobs here at home. ![]()
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