The Biden administration’s review of supply chains will lead to a major shift in U.S. policies but won’t provide short-term fixes for supplies of chips, pharmaceuticals, batteries or minerals. A new digital tax deal will take a long time to deliver. Also: Nidec, Daimler face less attractive choices if magnets attract tariffs; Russia’s food price worries create another opportunity for U.S. farmers; Advance Auto Parts set to accelerate brake price rises as supply chains overheat; Donaldson turns to near sourcing to navigate supply chain storms; Toro stocks up for a hot summer; vaccine comm...
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