President Biden orders a supply chain review:

President Biden on Wednesday plans to sign an executive order calling for a 100-day review of U.S. supply chains for essential goods, including large-capacity batteries, pharmaceuticals, and semiconductors that power such goods as cars, phones, and military equipment. The United States increasingly relies on imports of these products, which could put the economy and national security at risk. The review will help the Biden administration explore potential fixes, including the possibility of increasing domestic production, The Associated Press reported, citing anonymous administration officials. In the past year, the coronavirus pandemic exposed weaknesses in supply chains that resulted in shortages of masks and other protective medical equipment. [The Associated Press]