ABSTRACT

Global Supply Chains and Small Business Trade Challenges, Hearing Before the Subcommittee on Oversight, Investigations, and Regulations of the Committee on Small Business, United States House of Representatives, One Hundred Seventeenth Congress, First Session, October 20, 2021   [open pdf - 13MB]

This is the October 20, 2021 hearing on "Global Supply Chains and Small Business Trade Challenges," held before the U.S. House Subcommittee on Oversight, Investigations, and Regulations of the Committee on Small Business. From the opening statement of Dean Phillips: "The ongoing COVID-19 [coronavirus disease 2019] pandemic is, what we hope, is a once-in-a-generation crisis that has created massive economic challenges for businesses and consumers alike. An extraordinary increase in demand for goods has exacerbated the many weaknesses in our supply chain, which predated this pandemic and has inflicted chaos on supply chains worldwide delaying the delivery of critical goods and products. The complexities of the global supply chain are often unseen and unappreciated, especially in an age where consumers have come to reliably expect rapid delivery of goods and products. That a port closure in Shanghai can impact a hardware store in Chaska, Minnesota is not a reality that lends itself easily to a sound bite on cable news or to political posturing in Washington. We are here today because we have a duty to investigate the challenges facing our small businesses and using what we have learned come together to address them. As I mentioned, the COVID-19 pandemic has exposed cracks that have long been present at nearly every connection point in our global supply chain, and this is adding considerable economic stress to small businesses which are already suffering from the economic fallout of the pandemic." Statements, letters, and materials submitted for the record include those of the following: Kevin Loe, Chris O'Brien, Christine Lantinen, and John ''Chuck'' Fowke.

Report Number:
Small Business Committee Document No. 117-037
Publisher:
Date:
2022
Copyright:
Public Domain
Retrieved From:
U.S. Government Publishing Office: http://www.gpo.gov/
Format:
pdf
Media Type:
application/pdf
URL:
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