Hurting Americans By Buying American

President Biden is expected to sign an executive order today imposing tougher rules on government procurement practices to increase purchases of products made in the U.S (Wall Street Journal)

Scott Lincicome over at CATO wrote last July about the fallacy of “Buy American” helping Americans. Lincicome points to a Wall Street Journal piece that explains the problem with “Buy American” policies,

The WSJ story also shows that the Buy American rules’ problems weren’t just limited to bureaucratic delays or foreign retaliation — they also raised costs for U.S. companies and consumers