The End of Globalization: U.S. Moves to Fix Supply-Chain Woes --- Goal is to bring back more manufacturing and diversify access to critical materials

"The review calls for a number of actions that represent a more active government role in supply-chain issues and domestic manufacturing and much of it is geared toward competing with China. They include:

Using the Defense Production Act, enacted during the Korean War to spur domestic industry to shore up the military, to form a public-private consortium for essential-medicine production. The Department of Health and Human Services will initially spend $60 million toward that goal.

Tapping the Energy Department's loan authority to invest in production of advanced vehicle battery cells and to establish new manufacturing plants.

Establishing a "trade strike force" that will propose enforcement actions against what the administration says are unfair foreign-trade practices, such as government subsidies, that have eroded critical supply chains and shore up cooperation with allies.

Proposing a financing program under the U.S. Export-Import Bank for U.S. manufacturing facilities and infrastructure projects.

One trade measure calls for the Commerce Department to begin an investigation that could lead to tariffs on neodymium magnets, which are used in motors and defense equipment and are largely imported from China.

The administration is also seeking to address the semiconductor shortage, which has caused production slowdowns, from appliances to computers, with auto makers being the most prominent to feel the squeeze. Ford Motor Co., General Motors Co. and Stellantis NV, maker of Jeep and Chrysler, have all pressed the government for help, though short-term government solutions have been elusive.

Chips are used in vehicle braking systems, touch screens and numerous other components. But they are also in high demand for consumer electronics and other products that became popular with people forced to stay home during the pandemic." [1]

A consortium for the production of essential medicines should be formed in Lithuania as well. But the Lithuanian elite is now busy with the problem of cannabis legalization, we have no time to think about medicines. 

1.U.S. News: U.S. Moves to Fix Supply-Chain Woes --- Goal is to bring back more manufacturing and diversify access to critical materials
Leary, Alex. Wall Street Journal, Eastern edition; New York, N.Y. [New York, N.Y]09 June 2021: A.4.