Lawmakers plan to meet with Biden Wednesday on supply chain -sources

A bipartisan group of U.S. lawmakers plans to meet with President Joe Biden at the White House on Wednesday to discuss supply chain issues, including semiconductor chips, three people familiar with the matter said on Tuesday.

Reuters | Washington DC | Updated: 24-02-2021 02:27 IST | Created: 24-02-2021 02:24 IST
Lawmakers plan to meet with Biden Wednesday on supply chain -sources
File Photo Image Credit: ANI

A bipartisan group of U.S. lawmakers plans to meet with President Joe Biden at the White House on Wednesday to discuss supply chain issues, including semiconductor chips, three people familiar with the matter said on Tuesday. One of the sources said the lawmakers, from both the Senate and the House of Representatives, are expected to learn more about an executive order the Biden administration has been discussing on supply chain issues.

The White House declined to comment. The meeting comes as U.S. automakers have slowed production due to a shortage of semiconductor chips, scarce in part due to a pandemic-era boom in consumer appetite for more cell phones and computers.

President Joe Biden is planning to take an executive action mandating a review of critical U.S. supply chains with an eye to securing U.S. industrial supplies made by competitors, including Chinese-owned companies. U.S. Senate Majority Leader Chuck Schumer said earlier on Tuesday he has directed lawmakers to craft a package of measures to counter China, to strengthen the U.S. tech sector, including semiconductors, and address unfair practices. (Reporting By Steve Holland and Alexandra Alper, Editing by Franklin Paul and Aurora Ellis)

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)


TRENDING

OPINION / BLOG / INTERVIEW

Why unequal access to coronavirus vaccines is a threat to us all

... ...

India’s love affair with fossil fuels: the path to sustainable development?

... ...

Videos

Latest News

India, New Zealand discuss Indo-Pacific

External Affairs Minister S Jaishankar and Minister for Foreign Affairs of New Zealand Nanaia Mahuta on Monday spoke over phone during which the two leaders discussed bilateral issues, the shared vision of the Indo-Pacific and regional issu...

'Don't indulge in politics over vaccine, be united in efforts against COVID-19': RS Prasad to Oppn

As the second phase of nationwide vaccination drive against the coronavirus disease started on Monday, Union Minister Ravi Shankar Prasad urged the Opposition parties not to indulge in politics over vaccine and unite in the efforts against ...

India, US reaffirm strategic partnership at bilateral meeting of UN envoys

India and the US have reaffirmed their strategic partnership and agreed to work together to strengthen multilateralism during a meeting between the top UN diplomats of the two countries here.Newly appointed US Ambassador to the UN Linda Tho...

Rs 77,146 cr bids for spectrum on Day 1

Indias first auction of spectrum in five years attracted Rs 77,146 crore of bids on the opening day on Monday with Reliance Jio, Bharti Airtel and Vodafone Idea putting in bids.Over 2,250 MHz of spectrum, that carry telecom signals, in seve...

Give Feedback