US Biden to shore up supply chains for four sectors after 100-day reviews
The US, Canada and Mexico should collaborate on upskilling workers
The value of working with the United States’s two largest economic partners in this effort is as important as ever. The three countries trade $1.3 trillion a year across North America and build much together. Cooperating on how best to invest in workforces will benefit all three countries. Collaboration on labor issues and keeping North America competitive is built into the USMCA. That now needs to be applied in concrete workforce development initiatives. This way, North America can bolster critical value chains, generate prosperity and strengthen performance vis-à-vis China and others.
President Joe Biden will direct federal agencies to shore up production and delivery of pharmaceuticals, computer chips, advanced batteries and critical minerals after completing reviews of their supply chains.
New task forces, production rules: The actions include a $60 million investment in research for advanced pharmaceutical manufacturing through the Department of Health and Human Services, and new domestic manufacturing rules and funding for batteries at the Energy Department, a senior administration official said.
For Biden, a deeply personal Memorial Day weekend observance
NEW CASTLE, Del. (AP) — President Joe Biden marked his first Memorial Day weekend as commander in chief by honoring the nation’s sacrifices in a deeply personal manner as he paid tribute Sunday to those lost while remembering his late son Beau, a veteran who died six years ago to the day. As a cold rain fell, Biden made his annual appearance at the commemoration in New Castle, not far from his Wilmington home, a day before he planned to do the same at Arlington National Cemetery on the official observance.
The Biden administration plans to release a “comprehensive strategy” for diversifying the supply of rare earth minerals used in electronics, the official said, and assign multiple task forces to address shortages in “semiconductors, home building and construction, transportation and agriculture and food.” It also will form a new “supply chain strike force” to combat unfair trade practices from other nations.
100-day reviews: The moves come at the conclusion ofof supply chains for the four sectors that were launched in February. The reviews sought to ascertain whether industries critical to U.S. national security are overly reliant on foreign suppliers, particularly in China, or affected by pandemic-related shortages, like semiconductors and lumber.
Pauly Shore says the stars of Encino Man are ready to film a sequel
The 53-year-old comedian shared a throwback photo featuring both himself and his costar Brendan Fraser as they spent time working on the feature, which was originally released just under three decades ago.The 53-year-old comedian shared a throwback photo with his costar Brendan Fraser during a break from shooting the hit film.
Drug onshoring: To prevent shortages of key medicines, HHS plans to establish an onshoring consortium with major drugmakers under authority of the Defense Production Act, a Cold War-era law that allows the government to mandate domestic production of key products. That group’s first task will be to identify 50 to 100 drugs for an “enhanced onshoring effort,” according to a fact sheet released by the administration.
Battery, mineral task forces: DOE will release a 10-year “blueprint” for battery production and release $17 billion for manufacturing and recycling from its Loans Office. The administration also plans to create a cross-agency working group with corporations, tribes and other local governments to explore new mining and recycling options for rare earth minerals, with DOE making $3 billion available immediately for new projects.
Trade strike force, magnet investigation: The administration plans to establish a “strike force” office led by the U.S. Trade Representative to identify and combat unfair trade practices from other nations. And the Commerce Department will consider initiating an investigation of neodymium magnets commonly used in motors to ascertain whether tariffs should be placed on imports.
An investigation would come under Section 232 of the Trade Expansion Act, the same section Commerce used during the Trump era to cite national security grounds in placing tariffs on imports of steel and aluminum.
Longer term efforts: In addition to the 100-day reviews, the administration in February also set up year-long reviews for six broader sectors: defense, public health, information technology, transportation, energy and food production. Those reports are still on track to be delivered next February, the official said.
Biden and his aviators greet queen on a sunny afternoon .
WINDSOR, England (AP) — President Joe Biden and his aviator sunglasses met Queen Elizabeth II on bright Sunday afternoon. The queen hosted the president and first lady Jill Biden at Windsor Castle, her royal residence near London. Biden flew to London after wrapping up his participation in a three-day summit of leaders of the world's wealthy democracies in Cornwall, in southwestern England. He arrived at the castle aboard the presidential helicopter and was ferried to the queen in a black Range Rover.