Thursday, January 28, 2021

President Biden's Buy American Act

President Biden has signed a  legislation to tighten the "Buy American Act."

The act requires companies that accept federal contracts to be based fully in the U.S. and to source none of their supply chains internationally.  It also raises the burden of proof for businesses to argue that sourcing products domestically is too expensive, and most important, it establishes an oversight office.

Read more to learn what this means for you and your global small business.

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