Domestic Content Standards

Domestic Content Standards are rules that specify the minimum amount of products or materials that must originate from within a particular country to qualify for certain benefits, like government contracts or trade preferences. These standards aim to promote local industry, support domestic jobs, and reduce reliance on foreign supplies. For example, a vehicle may need to have a certain percentage of parts made in the U.S. to qualify for a domestic purchase incentive. Essentially, they encourage companies to use more locally produced inputs, balancing trade policies with economic growth goals.