{"id":1064363,"date":"2021-11-29T11:14:16","date_gmt":"2021-11-29T16:14:16","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1064363"},"modified":"2021-11-29T11:14:27","modified_gmt":"2021-11-29T16:14:27","slug":"biden-to-meet-with-ceos-of-retailers-as-inflation-supply-chain-issues-hit-country-during-holiday-shopping-season","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/biden-to-meet-with-ceos-of-retailers-as-inflation-supply-chain-issues-hit-country-during-holiday-shopping-season\/","title":{"rendered":"Biden To Meet With CEOs Of Retailers As Inflation, Supply Chain Issues Hit Country During Holiday-Shopping Season"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">34<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fbiden-to-meet-with-ceos-of-retailers-as-inflation-supply-chain-issues-hit-country-during-holiday-shopping-season%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1064363&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><p>President Joe Biden is meeting with a slew of CEOs of big-name companies on Monday as inflation and supply chain issues hit the country during the holiday shopping period.<\/p>\n<p>The president, Director of the National Economic Council Brian Des and Biden\u2019s senior advisor Cedric Richmond will host a roundtable featuring the CEOs of Best Buy, Samsung, Qurate Retail Group, Todds Supermarket, Etsy, Mattel and Kroger, the White House noted Monday morning.<\/p>\n<p>The president of Food Lion will also attend the roundtable in person, and the CEOs of Walmart and CVS Health plan to attend the meeting virtually.<\/p>\n<p>Biden is currently dealing with a <a href=\"https:\/\/dailycaller.com\/2021\/10\/13\/biden-supply-chain-economy-american-rescue-plan-partially-responsible\/\">supply chain<\/a> crisis and has focused his energy in part on delays at major ports and expanding hours for truckers. The president plans to speak to the nation about the administration\u2019s efforts in fixing the crisis after his Monday meeting. <strong><a href=\"https:\/\/dailycaller.com\/2021\/10\/06\/its-unprecedented-builders-running-out-of-key-construction-materials-forced-to-find-alternatives\/\">(RELATED:&nbsp;\u2018It\u2019s Unprecedented\u2019: Builders Running Out Of Key Construction Materials, Forced To Find Alternatives)<\/a><\/strong><\/p>\n<div id=\"attachment_7328115\" class=\"wp-caption aligncenter\" readability=\"38\">\n<p id=\"caption-attachment-7328115\" class=\"wp-caption-text\">SAN PEDRO, CALIFORNIA \u2013 NOVEMBER 24: Trucks haul shipping containers at the Port of Los Angeles on November 24, 2021 in San Pedro, California. The Ports of Los Angeles and Long Beach have suspended a plan to charge shippers fees for shipping container storage as a backlog of empty containers at the ports has decreased since last month amid signs of easing congestion. (Photo by Mario Tama\/Getty Images)<\/p>\n<\/div>\n<p>During this speech, Biden will also address how his administration plans to lower the cost of goods for families as well as how they will make sure shelves are stocked for the holiday season \u2013 two other issues plaguing the country at the moment. Inflation has hit a 31-year high and some experts predict it may be here to stay for awhile, <a href=\"https:\/\/www.wsj.com\/articles\/us-inflation-consumer-price-index-october-2021-11636491959\">according<\/a> to The Wall Street Journal.<\/p>\n<p>The president\u2019s meeting with top CEOs also comes in the wake of a new COVID-19 variant named <a href=\"https:\/\/dailycaller.com\/2021\/11\/28\/anthony-fauci-omicron-inevitably-found-in-us\/\">Omicron<\/a>. The administration <a href=\"https:\/\/dailycaller.com\/2021\/11\/26\/joe-biden-travel-restrictions-south-africa-coronavirus-variant-omicron\/\">announced<\/a> travel restrictions from South Africa and seven other countries over the weekend as a result of Omicron, although early evidence suggests the variant could be showing \u201cvery mild\u201d symptoms.<\/p>\n<p class=\"Text__text___3eVx1j Text__dark-grey___AS2I_p Text__regular___Bh17t- Text__large___1i0u1F Body__base___25kqPt Body__large_body___3g04wK ArticleBody__element___3UrnEs\" data-testid=\"paragraph-1\">\u201cMost of them are seeing very, very mild symptoms and none of them so far have admitted patients to surgeries. We have been able to treat these patients conservatively at home,\u201d Dr. Angelique Coetzee, chair of the South African Medical Association and one of the first to believe there was a new strain, <a href=\"https:\/\/www.reuters.com\/world\/africa\/safrican-doctor-says-patients-with-omicron-variant-have-very-mild-symptoms-2021-11-28\/\">said,<\/a> according to Reuters.<\/p>\n<p data-testid=\"paragraph-1\">\u201cThe most predominant clinical complaint is severe fatigue for one or two days. With them, the headache and the body aches and pain,\u201d Coetzee added.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>President Joe Biden is meeting with a slew of CEOs of big-name companies on Monday as inflation and supply chain issues hit the country during the holiday shopping period.The president, &#8230;<\/p>\n","protected":false},"author":125,"featured_media":2315279,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[],"tags":[],"class_list":["post-1064363","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry"],"_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1064363","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/125"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1064363"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1064363\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2315279"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1064363"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1064363"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1064363"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}