Posted 11/27/2023, 2:14:00 PM
Biden Takes Steps to Strengthen Domestic Production and Supply Chains
- Biden to use Defense Production Act to boost domestic manufacturing of critical medicines
- Aims to ease supply chain issues contributing to high inflation ahead of 2024 election
- Will convene first meeting of supply chain resilience council to announce other measures
- Seeks to address data sharing, renewable energy, freight logistics with new council
- Working to strengthen global supply chains to detect and respond to future disruptions