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Biden's Supply Chain Resilience Initiative
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Overview
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President Biden aims to establish a White House Council on Supply Chain Resilience to address the global supply chain crisis caused by the Covid-19 pandemic and China's shutdown, emphasizing the need for policy modifications and embracing innovations in pricing, speed, quality, sustainability, and automation.
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How could the emphasis on automation and sustainability in supply chains influence the future of global trade and economic growth?
How might President Biden's initiative impact the global supply chain and trade relationships?
What are the potential challenges and risks associated with implementing such policy modifications in the logistics industry?
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