WASHINGTON: President Joe Biden will visit the Mack truck factory in Pennsylvania on Wednesday to hammer the importance of the importance of America and reveal new rules that will gradually increase the US taxpayer content.
Biden will meet with a local member of the United Autoworkers Union (UAW), which represents 85% of 2,500 workers at the Lehigh Valley Mack Trucks factory, and receives a briefing on the new electric-powered garbage truck, this company drives in New York City and North Carolina, said White House.
The president of the Democrats signed the executive order during his first week in the office in January aimed towards utilizing the strength of the broad purchase of the federal government – the single largest buyer of consumer goods in the world – to improve US manufacturing.
The new rules launched on Wednesday followed dozens of meetings with industrial and intergency discussions during the last 180 days, officials said.
They will expand existing “American buying” provisions, which apply to about one third of $ 600 billion in goods and services purchased by the federal government every year.
If approved, they will increase US minimum content for manufacturing items from 55% to 60% immediately, and then to 65% in 2024 and 75% in 2029.
“This proposal will strengthen the procurement as a strategic tool and accelerate innovation,” said a senior administrative official.
“The future of our economy depends on continuing to make intelligent investments, giving our workers and companies the tools they need to compete.” UAW President Ray Curry welcomed a new proposal, said the president did good in his promise to focus on public policies about destroying good trade union work for Americans.
“Joe Biden understands what it means to prevent the company from the job and ensure that we reverse the trend,” Curry said in a statement.
“Welcome Mr President.” The interested party will have 60 days to comment on changes before the rules are completed, officials said.
This rule also proposes increased price preferences for certain product and critical components, the steps that officials will help increase domestic production of goods and critical materials.
And it will increase transparency by requiring producers to report the total domestic content of their products, instead of just stating that they fulfill the threshold of content.
New rules will not apply to services, which explain more than half an annual $ 600 billion in government procurement by the Department of Defense and other institutions, officials said.
It is also not expected to have a direct impact on supply chain congestion such as global semiconductor shortages that have slowed automatic creation and increasing inflation.
Officials said the Biden government would continue to overcome the logjam through other steps.
Private sector initiatives to increase the purchase of US-made goods have flounded in recent years, given challenges in product sources at competitive prices.
Walmart Inc., for example, has committed in 2013 to buy US $ 250 billion in 2023 but dropped the “US-made” logo of the product on its website only two years later after a critical probe by the US Federal Trade Commission.
Biden to record the rules “buy America” louder in a visit to the Mack truck factory
