U.S. businesses are linked together through a global web of interconnected, predictable, and efficient supply chains and rely on them to access international consumers and compete in the global marketplace.
The Chamber works with a network of companies, associations and governments to promote global customs modernization breaking down barriers companies face in international markets.
Supply Chain and the Summit of the Americas
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During the U.S. Chamber of Commerce and U.S. Department of State’s 2022 IV CEO Summit, a panel of experts discussed how businesses can build back better supply chains after the recent stoppages and disruptions. Moderated by Phil Levy, the Chief Economist of Flexport, the expert panelists included Kathleen Quirk, President of Freeport-McMoran, Guillermo Vogel, Vice Chair of Tenaris, and Manuel Macedo, President of Latin America at Honeywell.
Small Businesses Are Still Grappling with Supply Chain Disruptions
Small business is bearing the brunt of supply chain challenges caused by worker shortages and delays. Nearly two in three small businesses have had to alter their supply chains in the past six months, according to the Q4 2021 U.S. Chamber and MetLife Small Business Index.
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Resilient, efficient, and secure supply chains are essential to commerce, our economy, and people’s standard of living. Protecting supply chains from interruptions—from security threats and economic volatility to production issues and workforce shortages—is crucial to keeping goods flowing. The U.S. can ease these risks by diversifying supply chains and building up reserves of critical products. We work closely with government to make sure that policy recommendations protect the private sector while avoiding punitive approaches, new barriers to trade, and one-size-fits-all fixes.
Why Businesses Should Strengthen Their Supply Chain Diversity
As society pushes for a more inclusive business world, enterprise leaders should consider the importance of diversifying their supply chains.
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This Hill letter was sent to Members of the United States Senate supporting S. 3290, the “National Manufacturing Extension Partnership (MEP) Supply Chain Database Act.” This bill is on the Legislative Leadership list for the “How They Voted” scorecard.
With the holiday shopping season kicking off this week, our supply chain expert explains why people are worried about getting gifts in time and what is being done to make sure they do.
COVID-19 accelerated demand for semiconductor chips, overwhelming supply and bringing supply chain challenges into sharp focus.
The BEA released the GDP numbers for the Q2 showing the economy grew only 6.5% from April to June – here's why we are missing the mark.
This Hill letter was sent to the Members of the Senate Committee on Commerce, Science, and Transportation, on the Nomination of Pete Buttigieg to be Secretary of the U.S. Department of Transportation.
The U.S. and Mexico should work immediately to align as closely as possible around the CISA guidance to keep supply chains in tact.
This Hill letter was sent to the Senate Committee on Small Business & Entrepreneurship, on the hearing entitled, “The Coronavirus and America’s Small Business Supply Chain.”