Industry News

President Joe Biden has met with leaders from major retailers, telling them the country has "seen some progress" in tackling supply chain bottlenecks at the nation's ports and noting 40% fewer containers sitting at docks for eight or more days. Biden also expressed concern over how small businesses are coping with supply chain issues, highlighting an intention to pursue "how the federal government can continue partnering with you all ... so American consumers can get what they need."

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Bloomberg, CNN

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