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Original title: Will the US supply chain problems continue until 2022? Why did the U.S. Secretary of Transportation say that
The US Secretary of Transportation said that US President Biden’s Infrastructure Act may be the best way to alleviate this problem.
American holidays are approaching, and the supply chain congestion is showing no signs of abating. Can Americans get holiday gifts as scheduled?
On the 17th, US Secretary of Transportation Pete Buttigieg stated that the supply chain problems facing the United States will continue until 2022. He also took the opportunity to say that US President Biden’s infrastructure bill may be the best way to alleviate this problem.
It is reported that the plan related to ports in the infrastructure construction bill is about 17 billion U.S. dollars. Recently, Gene Seroka, executive director of the Port of Los Angeles, also revealed that it has provided the Biden government with a list of short-term and long-term infrastructure needs for the port.
U.S. supply chain problems will continue until 2022
”Many of the challenges we encountered this year will continue into next year. But we can take short-term and long-term measures to solve this problem.” Buttigieg said in an interview on the 17th, “What is happening is not only on the supply side. , Also comes from the demand side: demand has exploded.”
Buttigieg is true.
Flexport, a San Francisco-based freight forwarding company, has developed an indicator to help predict when the proportion of American consumers buying goods and services will return to their pre-epidemic levels. According to the latest data released by Flexport on the 15th, there is no sign of consumption cooling, and the pressure on the supply chain will continue at least until the end of the year.
The latest statistics from the U.S. Department of Commerce show that in August 2021, the U.S. trade deficit soared by 4.2% to $73.3 billion, the highest value since data are available. After adjusting for inflation, the trade deficit in goods in August increased by 1.9 billion U.S. dollars to 101.8 billion U.S. dollars. Among them, imports of goods increased by 1.1%, reaching US$239.1 billion.
Reprint indicated source：Spark Global Limited information