Terri4Trump
Gold Member
- Banned
- #1
ME: This has been a theme for Trump since he was elected. You would never know it since though all that fake news wants to talk about is their fake Russia fantasies.
Peter Navarro: President Trump continues to deliver on his promise to 'Buy American, Hire American'
Peter Navarro: President Trump continues to deliver on his promise to 'Buy American, Hire American'
Just weeks after taking office, President Trump signed Executive Order 13788 -- “Buy American I.” This robust order immediately imposed greater oversight to stop unnecessary waivers to federal contractors. As a result, waivers dropped by 15 percent in just one year, and the proportion of federal government contract spending on foreign goods has hit a 10-year low.
Last January, President Trump signed “Buy American II” -- Executive Order 13858. This order closes another costly loophole whereby, prior to this order, Buy American rules were often not applied to many forms of indirect federal government procurement that occurs through federal financial assistance to the states and other entities.
Going forward, under the rules of Buy American II, more than 30 federal agencies are now strongly encouraged to apply Buy American to loans, loan guarantees, cooperative agreements, insurance and interest subsidies, and other instruments. When fully implemented, this order will potentially extend Buy American’s reach by tens of billions of dollars.
Monday, the president is adding a third pillar to his Buy American platform by directing the Federal Acquisition Regulatory Council to consider amending regulations that adopted the policies expressed in President Dwight D. Eisenhower’s Executive Order 10582.
In this landmark 1954 order, Eisenhower declared that a product is American-made if it is manufactured domestically and at least 50 percent of its value components by value are domestically sourced. . . . . .(SNIP)
