Supply Chain Resilience Bill to Get Consideration in House Energy Committee
A bipartisan bill has been introduced that would direct the Commerce Department to designate critical industries, critical goods and critical supply chains, as well as model the effect of disruptions to those supply chains and prepare for those risks.
Sign up for a free preview to unlock the rest of this article
Export Compliance Daily combines U.S. export control news, foreign border import regulation and policy developments into a single daily information service that reliably informs its trade professional readers about important current issues affecting their operations.
The bill says critical goods are those that, if in short supply, would affect the national or economic security of the U.S., harm critical infrastructure, or are part of emerging technologies, such as automated vehicles, additive manufacturing, the Internet of Things, nano technology, robotics, microelectronics, semiconductors, advanced composite materials, and advanced computer hardware.
The bill, introduced by Rep. Larry Bucshon, R-Ind., and Rep. Lisa Blunt Rochester, D-Del., will be considered at the Energy and Commerce Committee this week.
It instructs the Bureau of Industry and Security to analyze the demand for these goods, the demand for the manufacturing equipment to make these goods, vulnerabilities in supply chains, potential supply chain shocks, and the capacity of domestic and allied countries' manufacturers to provide these goods, among many other questions.