White House to hold meeting on resilience of US supply chain on April 12

In a statement an official from the White House said, two top-level White House aides will host a meeting on the resiliency of the U.S. supply chain midst a broader policy review on the issue.

According to Jen Psaki, White House’s press secretary, the meeting would be hosted by President Joe Biden’s top economic aide, Brian Deese and national security adviser, Jake Sullivan.

According to a source familiar with the matter at hand, the meeting will be held on April 12 and will include automakers and chipmakers.

There is a growing shortage of semiconductor chips which is affecting global auto production. The issue stems from a confluence of factors, including booming demand for laptops and tablets, sanctions against Chinese tech companies who have been caught trying to steal U.S. technology as well as coronavirus-induced COVID-19 factory shutdowns.

“The semiconductor chip shortage affecting industries around the globe is an immediate concern of the president,” said the source on the condition of anonymity.

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