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Business/Financial

New Executive Order Expands ‘Buy American’ Initiative

By Matthew Beinart

Thursday, January 31st, 2019

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New Executive Order Expands ‘Buy American’ Initiative

Peter Navarro, Assistant to the President for Trade and Manufacturing Policy

President Trump signed an executive order Thursday to expand his “Buy American” initiative by urging agencies to ensure loans provided for new programs are used on American-manufactured products. This is the second “Buy American” executive order the president has signed and is meant to cover situations where agencies may provide indirect support through federal financial assistance such as infrastructure projects, which was not previously included in the initial April 2017 directive. “What we have here today is a new executive…

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