Short supply chains provide “more shock absorption” to protect against disruptions, U.S. Trade Representative Katherine Tai said on Wednesday, touting the Biden administration’s developing economic initiative with Western Hemisphere partners as a key effort to develop stronger, closer links. “We need more resilience in our supply chains, we need more shock absorbers, we need more Plan B's,” Tai said during a discussion after she delivered remarks about the Biden administration’s trade agenda at American University Washington College of Law. “And...