President Donald Trump signed an executive order Monday requiring federal agencies to purchase products using more American components. The order strengthens the standards that federal agencies must follow under the Buy American Act, which creates a preference for American-made goods. Trump said his
WASHINGTON — President Donald Trump signed an executive order Monday requiring federal agencies to purchase products using more American components.
Trump said his order will gradually boost the percentage of U.S. components for qualifying American-made products from 50 percent to 75 percent. He said the threshold would increase to 95 percent for iron and steel products. The president signed the order during an annual White House"Made in America" showcase. Manufacturers from all 50 states were represented.
Trump said foreign countries have been allowed to"steal our jobs and plunder our wealth" in previous administrations. He also used the event to highlight tariffs he's imposed on China, saying China has paid a big price economically as a result of the tariffs.
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