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Non-compliance with DFARS can result in serious ramifications for defense contractors, including contract issues, legal action, financial penalties, and reputational damage, emphasizing the importance of leveraging expert guidance and ensuring compliance across the supplychain.
Non-tariff tools : Economic measures are also being used to control the global supplychains of critical minerals or other materials, for which China is a major supplier. country but supplied by a U.S. country but supplied by a U.S.-headquartered which include anti-trade barrier and anti-discrimination investigations.
And the interesting thing about that executive order, besides the subject matter of it, was that it said that it had to be put into procurementcontracts within 60 days. And we certainly do have a lot of foreign contractors in our supplychain and they are necessary as of now, at least anyway, to let the government function properly.
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