The administration of President Joe Biden said Tuesday it will seek to address supply chain vulnerabilities through "groupings of liked-minded allies" such as the Group of Seven amid an intensifying U.S.-China rivalry.The announcement came as part of the actions the U.S. administration plans to take based on a 100-day review on supply chains of four key products -- semiconductors, critical minerals, pharmaceuticals and large-scale batteries for electric vehicles.The review highlighted that the United States, once a global leader in chip production, has "outsourced and offshored too much sem…READ FULL ARTICLE