Biden unveils plan to address US supply chain crisis | LIVE
CA, 14 Oct 2021
U.S. President Joe Biden is set to deliver remarks Wednesday following a meeting with senior officials and stakeholders on efforts to address global transportation supply chain bottlenecks.
The remarks come as the supply chain crisis has led to a shortage of some goods, as well as higher prices for consumers. The issue now threatens to slow economic recovery.
According to reports, the White House plans to work with companies and ports on a "90-day sprint" to reduce bottlenecks, with some working 24/7 to address the backlogs.
Ports have seen congestion globally as a result of the rebound in demand for commodities and goods as much of the global economy has recovered from the COVID-19 pandemic. As a result, shipping costs have risen and moving goods around has become difficult due to not enough ships or containers being available.
For more info, please go to https://globalnews.ca/news/8261521/us-canada-border-reopening-november-covid/
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