Former President Trump has directed federal agencies to prioritize the procurement of American-made goods and to limit waivers for foreign purchases. This policy shift could impact capital flows and supply chains by increasing demand for domestic products while potentially raising costs for federal contracts reliant on foreign suppliers. The manufacturing sector and companies with significant foreign supply chains may face heightened scrutiny and operational adjustments. Traders will be particularly attentive to upcoming reports on manufacturing activity and any legislative responses that could further shape trade policies.
TRUMP ORDERS FEDERAL AGENENCIES TO PRIORITIZE AMERICAN-MADE GOODS, LIMIT FOREIGN PURCHASE WAIVERS
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