Transportation Secretary: Supply Chain Crisis ‘Will Continue Into Next Year’
District of Columbia | October 17, 2021
The disruptions that are currently snarling supply chains across the globe and the United States will “certainly” continue into next year, said Transportation Secretary Pete Buttigieg on Sunday.
Last week, some industry groups and companies said that the White House won’t be able to alleviate supply shortages and bottlenecks before Christmas arrives, potentially causing more political damage to President Joe Biden amid shortages and a spike in inflation. Meanwhile, images of dozens of cargo container ships seen waiting outside two California ports drew headlines, as the ships are expected to be stuck there for months before they can unload.
“Certainly a lot of the challenges that we’ve been experiencing this year will continue into next year. But there are both short-term and long-term steps that we can take to do something about it,” Buttigieg told CNN, adding that “part of what’s happening isn’t just the supply side, it’s the demand side. Demand is off the charts.”… (Excerpts from the Epoch Times)