"Our supply chains can't be used against us as leverage," President Joe Biden said before signing the executive order, in an apparent allusion to China's role in American supply chains.
s.nikkei.com/3qRkhcg
s.nikkei.com/3qRkhcg
Biden's latest executive action comes as a global semiconductor shortage takes a heavy toll on automakers, with American giants such as Ford Motor and General Motors projecting billions in lost earnings this year due to reduced output. 
One aspect the Biden administration has highlighted is Washington's intention to work with like-minded partners and allies to build resilience in technology supply chains.
s.nikkei.com/2ZKzW18
s.nikkei.com/2ZKzW18
In semiconductors and EV batteries, this likely means working with Taiwan, Japan and South Korea.
In rare-earth minerals, the U.S. has been teaming with Australia to challenge the dominance of China. s.nikkei.com/3spw95Q #USChina
In rare-earth minerals, the U.S. has been teaming with Australia to challenge the dominance of China. s.nikkei.com/3spw95Q #USChina
The U.S. imports about 80% of its rare earths from China, and relies on the country for as much as 90% of some medical products. #USChina
s.nikkei.com/3sn9cjC
s.nikkei.com/3sn9cjC
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