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Biden Touts Stronger ‘Buy American’ Rules for Taxpayer-Financed Goods

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28.07.2021

President Joe Biden announced proposed changes to the Buy American Act on Wednesday that would increase the requirement for U.S.-produced components in products bought by the federal government.

The proposed rule would mandate all products bought with taxpayer dollars to have at least 60% of their components manufactured in the U.S., the Biden administration announced in a statement Wednesday. The requirement would increase to 75% by 2029, The Wall Street Journal reported.

Under the Buy American Act, “substantially all” components of products bought by the federal government must be made in the U.S., which was........

© The Daily Signal


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