Rome: US President Joe Biden held a world leader in the 20th Summit group on Sunday to talk about ways to relieve supply chain barriers to inhibit the global economy because they recover from the Coronavirus pandemic.
Although devoting $ 15 trillion to combat the fall of Covid-19, many of the world’s largest economy was slogging through mass shortages because the ship was waiting to dock, the price of shipping containers rose, there was not enough trucks to transport goods from the port, and the virus outbreak stopped production factory.
Supply chain problems have emerged as a point of economic and political pain for Biden, because delays have contributed to inflation and potentially placing reducer in vacation shopping.
Republican Party Partmakers have quoted the threat of inflation and supply challenges in criticizing Biden’s economic leadership.
In a Sunday meeting, the President planned to discuss in the G-20 how each country could identify and resolve obstacles, said a senior administrative official who asked anonymously to discuss the plan.
The aim is to help alleviate pressure and increase growth.
There are also wider goals of greater coordination among countries so that the supply chain is more resilient.
This means increased transparency on shipping problems, so the possibility of problems can be identified and addressed.
After the pandemic closes the factory, Biden plans to discuss how the country can identify strategies to ensure the production of important items such as computer chips is not taken offline for a long time.
The President plans to make announcements about the US plan to hoard minerals and critical metals, as well as US resource details that will be available to end blockages in the main port worldwide, senior administrative officials said.
Biden will also meet with the Turkish president Recep Tayyip Erdogan on Sunday morning.
Biden turned on his time in Rome on Sunday and went to Glasgow, Scotland, Monday for the UN climate conference.
The President will end the day by holding a press conference, where the domestic agenda can produce attention as many foreign policy efforts.
House Democrats hope to choose on Tuesday on the plan to expends $ 1.75 trillion for families, health care and the environment as well as the $ 1 trillion infrastructure plan that has cleaned the Senate.
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