NEW YORK -- U.S. President Joe Biden signed an executive order Wednesday aimed at securing supply chains of strategic industries, including semiconductors and rare-earth minerals, in which Washington would like to outcompete or cut dependence on China.
The executive order directs federal agencies to conduct a 100-day review of supply chain vulnerabilities of four products -- which also include active pharmaceutical ingredients and electric-vehicle batteries -- and to identify immediate steps that can be taken to address any gaps.
