What The Construction Industry Should Know About Trump’s ‘Buy American, Hire American’ Executive Order
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President Donald Trump recently issued a “Buy American and Hire American” executive order that could increase regulations in the construction industry.
The order instructs Trump’s agency heads to evaluate the implementation and compliance of current Buy American laws by examining the waiver process and its impact on U.S. businesses. They are also to implement new policies within the confines of current law to boost the use of American-made products, Construction Dive reports. Experts said the order signals possible changes in how current laws will be enforced and creates high levels of uncertainty within the construction industry.
Experts said more regulations could hurt construction, especially if they happen in conjunction with Trump’s pledge to deport 11 million undocumented immigrants, which would put even more strain on the labor shortage within the construction industry.