Biden to order review of semiconductor supply chain, report says - CNET
Biden to order review of semiconductor supply chain, report says - CNET |
| Biden to order review of semiconductor supply chain, report says - CNET Posted: 18 Feb 2021 11:40 AM PST  The Biden administration is set to launch a comprehensive review of critical supply chains, including semiconductors, high-capacity batteries, rare-earth metals and medical supplies, says a Thursday report by CNBC. A draft of an executive order explains that the White House plans to take a close look at the, "resiliency and capacity of the American manufacturing supply chains and defense industrial base to support national security [and] emergency preparedness," according to CNBC. The move likely signals a strategic reevaluation of American dependence on foreign trade, particularly with China. As a candidate on the campaign trail in 2020, Biden noted that the US was in need of new rules and new processes to dictate trade relationships with foreign countries. In its first month, the Biden administration has maintained that the US is looking to counter Chinese military expansionism and human rights abuses. The effort would also echo a 2016 move by the Obama administration, which under the President's Council of Advisors on Science and Technology launched a semiconductor study group comprised of industry veterans to examine supply chain issues. "Some countries that are important in this domain are subsidizing their domestic semiconductor industry or requiring implicit transfer of technology and intellectual property in exchange for market access," the Obama administration said in a statement at the time. That uneasiness with foreign leverage over access to semiconductors and other critical supply chains continued into the Trump administration, which saw fit to impose steep tariffs on Chinese trade. In 2020, the Trump administration sent a letter to US companies instructing them to seek a license before exporting certain goods to Semiconductor Manufacturing International Corporation, China's largest chipmaker. The Biden administration didn't immediately respond to a request for comment. CNBC notes that the text of any final executive order could ultimately vary from the current draft. |
| Valley Made, Local Strong: Reef Valley - KRGV Posted: 10 Feb 2021 08:02 PM PST  Tropical fish store Reef Valley, located at 101 North McColl Road in McAllen is where Jose Avila's love for the business started years ago. He's has both salt and freshwater fish tanks since he was a child. "Nine years ago I decided to make it into a business," Avila said. "Which is what I have right now." The fish come in many sizes. You can also find all sorts of fish tank needs at the shop, both for salt and freshwater. "We have all of the livestock," Avila said. "We sell the coral and all of the fish, fresh water [and] salt water. We also sell the aquariums... Pretty much everything that you're going to need to get your tank started and service it." Avila says they also do custom tanks, for homes or businesses in any specific size or design. "If something breaks or you need a cleaning, we provide service for the equipment and all that," Avila said. Watch the video for the full story. News
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