Alarm over chip shortage prompts White House action

New York (AFP) – Alarmed over a semiconductor crunch that forced US carmakers to cut production, President Joe Biden on Wednesday vowed to bring an end to shortages of critical items. “The bottom line is simple: the American people should never face shortages in the goods and services they rely on,” Biden said shortly before signing an executive order to strengthen US supply chains. The policy announcement comes on the heels of entreaties from businesses worried about not only the near-term chip shortages, but also long-term reliability of rare minerals and other goods.  Supply crunches also h…

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