ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print
Biden's Asia policy

Chip shortage can't be used as leverage against us, Biden says

Executive order seeks to secure strategic supply chains with 'trusted friends'

U.S. President Joe Biden delivers holds a semiconductor chip as he speaks prior to signing an executive order, aimed at addressing a global semiconductor chip shortage, in the State Dining Room at the White House on Feb. 24.

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. 

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more