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Biden push to reduce US dependence on foreign suppliers in key sectors ‘faces many hurdles’

Summary:
[unable to retrieve full-text content]Despite US President Joe Biden’s push to put the power of the federal government behind an effort to reduce the nation’s dependence on foreign suppliers in key sectors, doing so will be very difficult, very expensive and take a long time, observers said.Biden signed an executive order on Wednesday directing a broad review of American supply chains for critical products aiming to reduce reliance on foreign suppliers.The order requires federal agencies to begin a 100-day review process to find…

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[unable to retrieve full-text content]
Despite US President Joe Biden’s push to put the power of the federal government behind an effort to reduce the nation’s dependence on foreign suppliers in key sectors, doing so will be very difficult, very expensive and take a long time, observers said.Biden signed an executive order on Wednesday directing a broad review of American supply chains for critical products aiming to reduce reliance on foreign suppliers.The order requires federal agencies to begin a 100-day review process to find…

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