About the Book
“Analyzing the Global Impact of America’s ‘Buy American’ Policy” is a comprehensive examination of the history, implementation, and repercussions of America’s policy favoring domestically-produced goods. Beginning with an overview of the policy’s origins during the Great Depression, the book delves into its subsequent alterations and expansions. It assesses the impact of this policy on the US economy, focusing on domestic manufacturing, employment rates, and the trade deficit. Additionally, it explores the policy’s influence on international trade relations, including potential violations of free trade agreements and effects on America’s global image. The text further scrutinizes the policy’s impact on global economic development, highlighting its effects on global supply chains and industries in developing countries, while also discussing potential negative implications for long-term US economic growth. The book concludes by reiterating key points and providing personal reflections and suggestions for future policy decisions.
