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On Feb. 24, President Biden signed an to help create more resilient and secure supply chains for critical and essential goods in the U.S. According to the announcement, the Order will launch an immediate 100-day review across federal agencies to address vulnerabilities in the supply chains of four key products, consisting of active pharmaceutical ingredients (APIs), semiconductors and advanced packaging, large-capacity batteries and critical minerals which include carbon fiber. 

The review will identify near-term steps the administration can take, including with Congress, with the primary goals to build up more supply chain resilience in order to protect the U.S. from facing shortages of critical products in the future, maintain America’s competitive edge and strengthen U.S. national security. These actions will also ensure the nation’s capacity to respond quickly in the face of challenges.

The Executive Order also calls for a more in-depth, one-year review of a broader set of U.S. supply chains with a focus on six key sectors: 

• The defense industrial base
• The public health and biological preparedness industrial base
• Communications technology (ICT) industrial base
• Energy sector industrial base
• Transportation industrial base
• Supply chains for agricultural commodities and food production

The one-year review will include a set of risks for agencies to consider in their assessment of supply chain vulnerabilities; recommendations on actions that should be taken to improve resiliency; a sustained commitment to supply chain resiliency; and consultation with external stakeholders.