How big a deal is Joe Biden’s Buy American pledge? Here’s what to watch for

DM

These upcoming decisions will reveal if Biden’s plan has the teeth to bite Canada’s economy. Is the Buy American pledge from incoming U.S. president Joe Biden a nothingburger or a potential billion-dollar blow to Canada’s economy? It could go either way. The actual scope of Biden’s insistence on buying American goods — and what it means in practice — will be revealed with several events in the new year. What we do know is that Biden this week reiterated his plan to launch a massive construction program, and his intention to award contracts only to U.S. companies. That pledge underscores that international trade tensions won’t all magically disappear with the departure of Donald Trump from the White House.

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