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Biden Directs Staff to Address Chip Shortages Idling Auto Plants

  • President orders supply-chain review to ensure reliability
  • U.S. seeks to end reliance on adversaries such as China
Bloomberg business news
Biden to Order U.S. Supply Chain Review Amid Chip Shortage
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President Joe Biden said he’s directing his administration to address shortfalls in semiconductor production that have idled production at some auto plants as he signed an order to review U.S. supply chains.

“We need to make sure that supply chains are secure and reliable,” Biden said Wednesday at the White House. “I’m directing senior officials in my administration to work with industrial leaders to identify solutions to this semiconductor shortfall.”