CNBC: New Administration Pushes to Buy More American Goods

President Joe Biden hasn’t been in the President’s office for a week and he is already pushing for the government to buy more American made goods. CNBC reported Monday that Biden announced that he would sign an executive order patching loopholes in existing ‘Buy American’ provisions (CNBC, 2021). This Order will begin Biden’s initiatives to increase the volume of manufacturing in the US that he often promised during his campaign trail.

 

Lower wages and weaker environmental standards have triggered the exodus of key manufacturing capabilities to China and other countries in recent decades, including medical equipment, resulting in critical gaps laid bare during the COVID-19 pandemic. (CNBC, 2021) Click HERE or on the URL below to read the full story from CNBC

 

https://www.cnbc.com/2021/01/25/biden-pushes-elusive-buy-american-goal-with-new-federal-contract-guidelines-.html