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Bloomberg:
Biden Unveils Supply-Chain Plan to Boost Medicine, Chip Output
https://www.bloomberg.com/news/articles/2021-06-08/biden-unveils-supply-chain-plan-to-boost-medicine-chip-output

President Joe Biden released a multi-pronged strategy to secure critical supply chains in products ranging from medicines to microchips, and is also weighing a potential trade probe that could result in U.S. tariffs on certain magnet imports.

The administration will establish a supply-chain disruptions task force to address near-term bottlenecks that can affect the economic recovery.

The U.S. Department of Agriculture on Tuesday announced plans to spend $4 billion to bolster weaknesses in a food-supply chain that showed strain with shortages during the pandemic.

The White House also recommends Congress appropriates at least $50 billion in funding for semiconductor research and production in the U.S. -- a key pillar of a broader China competition bill that the Senate may approve on Tuesday.

https://www.bloomberg.com/news/articles/2021-06-08/senate-passes-sweeping-bill-to-help-u-s-compete-with-china

Senate Passes Sweeping Bill to Help U.S. Compete With China

New Chinese semiconductor firms have tripled in 2021 as Beijing and Washington jockey over technological supremacy

https://www.scmp.com/tech/tech-war/article/3136660/new-chinese-semiconductor-firms-have-tripled-2021-beijing-and

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