Bill Introduced to Prevent Supply Chain Disruptions, Protect American Producers

The bipartisan Promoting Resilient Supply Chains Act would authorize the Department of Commerce to strengthen American supply chains for critical industries and emerging technologies by working with the private sector and U.S. government partners to anticipate and prevent future supply chain disruptions before they happen. In the process, it will also identify opportunities to grow manufacturing capacity and jobs, and reduce costs for American consumers. Geopolitical conflicts, natural disasters and the pandemic have highlighted the fragility of supply chains. These events have already caused significant delays and shortages, impacting everything from critical medical supplies and driving up the costs of consumer goods. The U.S. is heavily reliant on single countries for critical supply chain segments, including manufacturing components, critical minerals, and active pharmaceutical ingredients. This concentration poses a significant risk of disruption. Bill Introduced to Prevent Supply Chain Disruptions, Protect American Producers – tEDmag

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