The trade associations fret over serious worldwide supply chain issues often represented by backlogs.
Some of the international disconnect between supply and demand can be attributed to specific policies, such as lockdowns that make it difficult for factories to satisfy customers.
"Governments have struggled to secure doses [of vaccine] and have imposed costly lockdowns that have left many factories without workers," Reuters reported.
Electricity is now in short supply in China, partially because a drought has hobbled hydropower, but also because the government makes it impossible for electricity producers to compensate for rising coal prices.
As demand recovers from pandemic lockdowns even as prices rise for fossil fuels and governments' planned transition to renewable energy proves vulnerable to nature's whims.
The trade-group white paper that asked the Biden administration for tariff relief also begged it to "Ensure that semiconductor supply is fairly and transparently allocated across industry sectors and that the Administration does not-explicitly or implicitly-favor any one sector."
If the government were to further meddle in the market to allocate products made scarce by earlier actions, it's hard to see how the result wouldn't be anything other than increased supply chain chaos.
https://reason.com/2021/10/06/dont-ask-politicians-to-fix-a-supply-chain-crisis-they-created/
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