Yellen says the U.S. and its allies should use ‘friend-shoring’ to give supply chains a boost - CNBC

The term draws on the concepts of "onshoring" and "nearshoring," which refer to the transferring of supply chains back home or closer to home.

U.S. Treasury Secretary Janet Yellen (pictured here at a news conference, ahead of the G-20 meeting in Bali on July 14), said supply chain resilience is a key focus of the Biden-Harris administration… [+3743 chars]

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