Kristi Zentner and Heather Marx, attorneys in the Customs,
Imports & Trade Remedies Practice Group of Cozen O'Connor, discuss how the
recommendations of Biden's supply chain task force might lead
to real progress toward the return of domestic manufacturing of
critical supplies.
At the outset, the task force's recommendations appear to be
a matter of "triage," says Marx. "They're trying
to take a gigantic problem and distill it down to bite-sized,
achievable moments." The underlying goal is to "shift the
optics" in order to position U.S. supply chains to take a
proactive approach to potential disruptions.
The immediate need is to establish a reliable domestic supply of
vaccinations, related supplies, and semiconductors. The COVID-19
pandemic, along with the sudden shortage of semiconductors for a
range of high-tech products, has awakened Americans to the need for
a major shift in sourcing strategies and supply-chain risk
management.
