President Trump Pushes Federal Fund Recipients to Buy US

President Trump Pushes Federal Fund Recipients to Buy US

President Trump signed an executive order Thursday pushing those who receive federal funds to “Buy American.” The aim is to boost US manufacturing across the board.

Peter Navarro, director of the White House National Trade Council, told reporters during a telephone briefing the policies are helping workers who “are blue collar, Trump people.”

Later he also said “every American is a Trump person” because President Trump’s economic policies affect everyone.

Mr. Navarro said the order would affect federal financial assistance, which includes everything from loans and grants to insurance and interest subsidies.

He says some 30 federal agencies award over $700-B in such aid each year. Recipients working on projects like bridges and sewer systems will be encouraged to use American products.

Making and Keeping America Great Again

The following two tabs change content below.

Paul Ebeling

Paul A. Ebeling, polymath, excels in diverse fields of knowledge. Pattern Recognition Analyst in Equities, Commodities and Foreign Exchange and author of “The Red Roadmaster’s Technical Report” on the US Major Market Indices™, a highly regarded, weekly financial market letter, he is also a philosopher, issuing insights on a wide range of subjects to a following of over 250,000 cohorts. An international audience of opinion makers, business leaders, and global organizations recognizes Ebeling as an expert.

You must be logged in to post comments :