US Commerce Secretary Gina Raimondo is pushing for increased investment in Thailand to diversify chip production. Raimondo, on a tour in Southeast Asia, aims to boost investment in countries part of the Indo-Pacific Economic Framework. US-led initiatives are providing incentives for semiconductor production in Thailand, attracting foreign investment. Raimondo recently

Fox News reports on Senator JD Vance's new bill, the Knudsen Defense Remobilization Act, addressing low military stockpiles and defense readiness. The bill aims to evaluate defense capabilities and strengthen the defense-industrial base. Senator Vance emphasized the importance of refocusing on U.S. defense production amid concerns over

The U.S. Congressional-Executive Commission on China urges U.S. officials to investigate the potential presence of seafood processed in China by North Korean labor in the U.S. supply chain. The Outlaw Ocean Project report highlighted this issue, calling for action against companies involved. Federal laws prohibit importing goods

Experts believe that building a business ecosystem for semiconductors in the United States is complex, requiring more than just funding or legislation. Analog Devices diversified its production and onshored operations after the pandemic disrupted global trade, prompting concerns about potential future disruptions. The U.S. government enacted the CHIPS Act

GS1 US has released new resources to assist companies in meeting the requirements of the FDA Food Safety Modernization Act Traceability Rule. These resources include guidelines and recommendations on using GS1 Standards to improve traceability for "high-risk" foods. The goal is to enhance recordkeeping and information sharing to

National security officials from South Korea, the US, and Japan met to discuss boosting cooperation in supply chains, emerging technologies, and digital areas. They reaffirmed efforts made during the Camp David summit and discussed strengthening supply chain cooperation in critical minerals. The three countries also agreed to work together on

On February 15, 2024, the Department of Defense issued a final rule amending the Defense Federal Acquisition Regulation Supplement to strengthen Buy American Act domestic preferences in DOD procurements, aligning with Executive Order 14005. The rule increases domestic content thresholds, introduces a fallback threshold, and clarifies certification requirements in solicitations.

The Indo-Pacific Economic Framework (IPEF) aims to weaken China's economic growth by excluding the country from global supply chains. The deal, signed by 12 countries, includes pillars such as trade, clean energy, and infrastructure, but the deliberate exclusion of China threatens the agreement's objectives. The US

Walmart's new fulfillment center in Lancaster, near Fort Worth, is a state-of-the-art facility providing faster shipping and delivery using technology and machine learning. The Dallas-Fort Worth region was chosen for all new hardware and software capabilities due to its unique urban and rural landscapes. The center is part

Canada is concerned about new U.S. labeling rules for "Product of USA" on meat, poultry, and eggs. The rule allows the label only for products from animals born, raised, slaughtered, and processed in the U.S., affecting the integrated North American supply chain. The Canadian government and

US Commerce Secretary Gina Raimondo announced plans to help the Philippines double its semiconductor facilities to diversify the global chip supply chain. This comes after a $1 billion investment by US companies in the Philippines. Raimondo aims to encourage Southeast Asian nations to invest in chipmaking to reduce reliance on

A shortage of H-1B work visas is hindering South Korean companies from expanding manufacturing operations in the US. The South Korean government is lobbying the US to increase the visa quota. Subscribers can save their log-in information to avoid entering it each visit by checking the 'Save my User