Chip Shortage Is a Supply Chain Issue, Says Secy. Raimondo

Chip Shortage Is a Supply Chain Issue, Says Secy. Raimondo

Assessment

Interactive Video

Business, Social Studies

University

Hard

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The video discusses the US's supply chain issues, particularly in semiconductors, and the need for investment to reduce dependency on foreign suppliers. It also covers the continuation of tariffs from the Trump era under President Biden, focusing on strategic competition with China. The video highlights the importance of maintaining a tough stance against China to protect American interests. Additionally, it addresses European dissatisfaction with tariffs and anticipates discussions at the G7 summit.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What competition is highlighted as serious between the United States and China?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What concerns do European countries have regarding the tariffs on steel and aluminum?

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