There are kinks in Biden’s plan to strengthen America’s supply chain

As factories closed during Covid-19, shipping patterns broke down and companies failed to move goods from factories to consumers. Thanks to several years of rocky US-China trade disputes and China’s rising costs, global firms have weighed detangling themselves particularly from China and sourcing closer to home. A survey of 260 global supply chain leaders conducted at the height of the pandemic found 33% had already moved sourcing or manufacturing out of China or planned to do so within the next three years.