February 24, 2021executive actioneconomytechnologysupply chainexecutive
Biden signs executive order on America supply chains
President Biden signs Executive Order 14017, "America's Supply Chains," directing federal agencies to conduct 100-day reviews of critical supply chains in semiconductors, large-capacity batteries, critical minerals, and pharmaceuticals. The order establishes a Supply Chain Disruptions Task Force and requires reports on supply chain vulnerabilities. The initiative aims to strengthen domestic manufacturing and reduce reliance on foreign sources, particularly China.