The goal is to help relieve pressures and boost growth. In Sunday's meeting, the president plans to discuss at the G-20 how each country can identify and resolve bottlenecks, said a senior administration official who requested anonymity to discuss the plans. Republican lawmakers have cited the threat of inflation and supply chain challenges in critiquing Biden's economic leadership. Supply chain issues have emerged as a point of economic and political pain for Biden, as the delays have contributed to inflation and potentially put a damper on holiday shopping.
President Joe Biden is convening world leaders at the Group of 20 summit on Sunday to talk about ways to relieve the supply chain bottlenecks hampering the global economy as it recovers from the coronavirus pandemic.ĭespite devoting a combined $15 trillion to combat the fallout from COVID-19, many of the world's largest economy are slogging through mass shortages as ships are waiting to dock, the prices of shipping containers climb, not enough trucks exist to haul goods from ports, and virus outbreaks halt factory production. PTI | Rome | Updated: 31-10-2021 09:52 IST | Created: 31-10-2021 09:46 IST US President Joe Biden (File Photo) Image Credit: ANI
