Biden Pledges To Renew U.S. Manufacturing By Signing ‘Buy American” Order

President Joe Biden has vowed to leverage the purchasing power of the U.S. government, the world’s biggest single buyer of goods and services, to strengthen domestic manufacturing and create markets for new technologies. The executive order aims to close loopholes in existing “Buy American” provisions that apply to about a third of the $600 billion in the federal government’s goods and services. “I don’t buy for one second that the vitality of American manufacturing is a thing of the past,” said Biden. “American manufacturing was the arsenal of democracy in World War II and it must be part of …

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