The Biden administration issues an Executive Order to review U.S. supply chains and identify ways to make them resilient to uncontrollable world events

Lexology February 26, 2021
Reed Smith LLP

On February 24, 2021, President Biden signed an Executive Order (EO) that directs his administration to undertake a 100-day review of the supply chains of four key products: active pharmaceutical ingredients (APIs), critical minerals,¹ semiconductors and advanced packaging, and large capacity batteries. The primary goal of this 100-day review is to identify actions that can be taken immediately to fix vulnerabilities in supply chains for these goods. Additionally, the EO calls for a more in-depth, one-year review of the supply chains of six key sectors: the defense industrial base, the public health and biological preparedness industrial base, the information and communications technology (ICT) industrial base, the energy sector industrial base, the transportation industrial base, and supply chains for agricultural commodities...

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