Resilient Supply Chains Act Reintroduced
The Senate Commerce Committee is expected to take up a bill next week that would direct the Department of Commerce to work with the private sector to identify vulnerabilities in supply chains for critical goods, monitor supply chains in those industries, and identify ways that a supply-chain shock could affect manufacturing.
Sign up for a free preview to unlock the rest of this article
Timely, relevant coverage of court proceedings and agency rulings involving tariffs, classification, valuation, origin and antidumping and countervailing duties. Each day, Trade Law Daily subscribers receive a daily headline email, in-depth PDF edition and access to all relevant documents via our trade law source document library and website.
Sens. Maria Cantwell, D-Wash., Marsha Blackburn, R-Tenn., and Lisa Blunt Rochester, D-Del., are co-sponsors of the bill.
A news release announcing the reintroduction earlier this week said U.S. businesses are "heavily reliant on single countries" for critical minerals, active pharmaceutical ingredients and some manufacturing components. Concentration on one country carries risks of disruption, and most companies don't know all the sources of products in their supply chains, it said.
"Our legislation will get the government, businesses and manufacturers working together to identify gaps and build capacity to prevent supply chain disruptions before they happen," Cantwell said.