Trump signs ‘Buy American’ order raising domestic content in federal contracts

President Trump on Monday signed another “Buy American” executive order proposing new rules that would raise the domestic content requirement for federal contracts from 50 to 55 percent for non-iron and steel products and to 95 percent for steel and iron products. Within 180 days, the Federal Acquisition Regulatory Council “shall consider” proposing an amendment to the applicable rules that would mandate “materials shall be considered to be of foreign origin if: (A) for iron and steel end products, the...