Advertisement
Canada markets open in 2 hours 13 minutes
  • S&P/TSX

    21,656.05
    +13.18 (+0.06%)
     
  • S&P 500

    5,022.21
    -29.20 (-0.58%)
     
  • DOW

    37,753.31
    -45.66 (-0.12%)
     
  • CAD/USD

    0.7273
    +0.0009 (+0.12%)
     
  • CRUDE OIL

    81.90
    -0.79 (-0.96%)
     
  • Bitcoin CAD

    86,018.09
    -786.64 (-0.91%)
     
  • CMC Crypto 200

    885.54
    0.00 (0.00%)
     
  • GOLD FUTURES

    2,397.30
    +8.90 (+0.37%)
     
  • RUSSELL 2000

    1,947.95
    -19.53 (-0.99%)
     
  • 10-Yr Bond

    4.5850
    0.0000 (0.00%)
     
  • NASDAQ futures

    17,717.75
    +59.25 (+0.34%)
     
  • VOLATILITY

    18.01
    -0.20 (-1.10%)
     
  • FTSE

    7,860.35
    +12.36 (+0.16%)
     
  • NIKKEI 225

    38,079.70
    +117.90 (+0.31%)
     
  • CAD/EUR

    0.6808
    +0.0006 (+0.09%)
     

UPDATE 1-U.S. Commerce chief says too soon to tell if Omicron will impact supply chains

(Adds more quotes)

By David Shepardson

DETROIT, Nov 29 (Reuters) - U.S. Commerce Secretary Gina Raimondo said on Monday that it is too soon to tell if the new COVID-19 variant Omicron will have any impact on global supply chains.

Raimondo said at a roundtable on semiconductor chips the COVID-19 pandemic "has had a significant impact on the supply chain." She added many COVID-19 outbreaks in Asia have forced the closure of manufacturing facilities at times.

"Due to the vaccinations I think we are probably beyond all that but we have to continue with our caution," Raimondo said at a roundtable.

ADVERTISEMENT

Those disruptions in Asia have harmed U.S. auto production at times this year and other products.

The Omicron variant https://www.reuters.com/world/spread-omicron-variant-forces-nations-rethink-plans-global-travel-2021-11-29 of the coronavirus carries a very high global risk of surges, the WHO warned on Monday, as more countries reported cases and some others closed their borders. (Reporting by David Shepardson)