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.
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.
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