Premier Offers Policy Solutions to Promote Supply Chain Resilience
Premier responded to the US Trade Representative (USTR)’s solicitation for comments to inform objectives and strategies that advance US supply chain resilience in trade negotiations, enforcement and other initiatives. Premier’s comments are in line with our previous extensive comments on this topic and focus on recommendations for:
Establishing trusted trade partnerships to better support growth and investment in domestic manufacturing and services;
Leveraging tax credits to incentivize domestic manufacturing;
Committing to environmental standards;
Collaborating across government and prioritizing healthcare products during public health emergencies;
Requiring manufacturers to report shortages and raw materials data;
Measuring supply chain resilience and the cost of inefficient resilience; and
Promoting disadvantaged and underserved businesses.