White House
Executive Order on Supply Chain Resilience
White House executive order introduces new supply chain resilience requirements for critical sectors.
Trade-IQ Admin
1 min read
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The White House has issued a comprehensive executive order aimed at strengthening supply chain resilience across critical sectors. This order introduces new reporting requirements and compliance obligations for importers and exporters.
Overview of the Executive Order
The order focuses on four critical areas:
- Semiconductor manufacturing and advanced packaging
- Large capacity batteries
- Critical minerals and materials
- Pharmaceuticals and active pharmaceutical ingredients
New Compliance Requirements
Businesses operating in these sectors must now:
- Submit quarterly supply chain assessments
- Maintain detailed records of supplier relationships
- Implement risk mitigation strategies
- Report any supply chain disruptions within 72 hours
Timeline for Implementation
The order follows a phased implementation approach:
- Phase 1 (Immediate): Information gathering and assessment
- Phase 2 (90 days): Initial compliance reports due
- Phase 3 (180 days): Full implementation of new requirements
Trade-IQ is monitoring these developments closely and can help your organization prepare for and comply with these new requirements.
Tags
executive order
supply chain
compliance
regulations