Made in America: Businesses and Workers ae Thriving Under President Donald J. Trump

THE WHITE HOUSE

Office of the Press Secretary

FOR IMMEDIATE RELEASE

July 23, 2018

MADE IN AMERICA: BUSINESSES AND WORKERS ARE THRIVING UNDER PRESIDENT DONALD J.
TRUMP

“The single best tribute to our workers can be found in the unmatched quality
and craftsmanship of the amazing products they bring from the blueprint to the
storefront. ‘Made in the USA’ is a global symbol of unrivaled excellence.” –
President Donald J. Trump

AMERICA IS OPEN FOR BUSINESS: President Donald J. Trump’s economic policies have
made it the perfect time for businesses to grow and thrive right here in the
United States.

·American business is booming due to President Trump’s pro-growth agenda,
headlined by historic tax cuts, deregulation, and trade actions defending
American workers and businesses.

·Businesses are creating more and more jobs right here in the United States,
with more than 3.2 million new jobs created since President Trump took office.

·The number of job openings surpassed the number of job seekers for the first
time on record, which is great news for Americans who are unemployed and unable
to find good, stable jobs.

o65 percent of Americans say now is a good time to find a quality job, according
to Gallup.

·Gross domestic product grew by more than 3 percent in 2 quarters during 2017,
and some forecasts expect growth to exceed 4 percent in the second quarter of
2018.

·Businesses are finally bringing money held overseas back to the United States
as a result of the Tax Cuts and Jobs Act signed into law by President Trump.

·Steel and aluminum producers are pouring in new investment and creating new
jobs in the United States following the tariffs placed on those industries to
protect our national security.

AMERICAN MANUFACTURING IS BACK: President Trump’s pro-growth agenda has
rejuvenated American manufacturing.

·American manufacturers are more optimistic than ever and expect their winning
streak to continue, according to a recent survey by the National Association of
Manufacturers (NAM).

oOptimism among manufacturers hit an all-time high in NAM’s most recent survey.

oExpectations for employment growth and capital investment over the next year
also hit all-time highs in NAM’s most recent survey.

·Approximately 344,000 manufacturing jobs have been created since the President
took office.

·The Tax Cuts and Jobs Act was a win for American workers, cutting the top
corporate tax rate and enabling businesses to fully write off capital
investments for the next 5 years.

FREE, FAIR, AND RECIPROCAL TRADE: President Trump has stood up for American
workers and businesses that have paid the price for years of bad trade deals and
unfair trade practices.

·Since taking office, President Trump has advocated for free, fair, and
reciprocal trade that will benefit American workers and businesses and reduce
our trade deficit.

·President Trump is taking tough actions to defend American businesses from
China’s unfair practices such as intellectual property theft and forced
technology transfer.

·President Trump is renegotiating past deals to make sure they benefit American
workers.

oThe Trump Administration secured key amendments to the trade agreement with
South Korea, including provisions to increase American automobile exports.

·The Trump Administration placed tariffs on foreign steel and aluminum to
protect our national security and defend our domestic industries.

·President Trump’s Administration imposed tariffs to safeguard American
manufacturers of washing machines and solar energy products from a flood of
overseas imports.

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