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Biden finalizes increase in Buy American requirement to 75% by 2029

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The federal government is required to buy products made in the U.S. when possible. Right now, something qualifies if it has 55% U.S.-made parts.
Washington — It will soon take more U.S.-made parts to label something „Made in America,“ under final rules to be released by the Biden administration Friday. The federal government spends more than $600 billion annually, and it is required to buy from American contractors and manufacturers when possible. But the policy only requires products bought with taxpayer dollars to contain at least 55% U.S.-made parts to qualify. The final rule to be announced Friday will raise that number to 60% in October this year,65% in January 2024 and 75% in January 2029, according to administration officials. The president issued a proposed rule with similar proposed changes last July. The administration hopes the increased requirements will push manufacturers to source more products within the U.S., re-shoring supply chains that have become increasingly globalized over recent decades, said two senior administration officials who spoke to reporters Thursday on condition of anonymity.

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