Former president and Republican presidential candidate Donald Trump is set to unveil a plan on Tuesday to prevent American companies from offshoring jobs and invest in the U.S. economy, according to the Associated Press.
At a campaign rally in Savannah, Georgia, on Tuesday, Trump is scheduled to unveil a plan to give foreign companies access to federal lands to encourage them to invest in U.S. manufacturing. According to According to the Associated Press, President Trump's economic speech, outlining his all-out strategy to promote foreign investment, is scheduled to be delivered in Georgia, which is considered a key battleground state in this election.
According to the Associated Press, President Trump has previously proposed lowering the corporate tax rate for US production companies from 21% to 15%. President Trump also aims to create jobs at home and is promoting economic policies that benefit average Americans.
Trump's attempt to boost foreign investment in U.S. jobs comes on the heels of the Biden administration's push to increase the number of jobs created in the U.S., including in manufacturing. President Joe Biden has previously pledged to protect U.S. steel manufacturing and end foreign purchases of U.S. steel.
According to the Associated Press, Trump wants to lobby foreign government officials directly and send members of his administration to “personally canvass” foreign companies to bring them to the United States.
The Biden administration has pumped billions of dollars into creating domestic manufacturing jobs. Despite all the money the administration has spent on expanding manufacturing jobs, it was previously reported that no new manufacturing jobs were created in the United States in March. According to To the Bureau of Labor Statistics (BLS).
BRANDYWINE, Maryland: U.S. Vice President Kamala Harris plugs a Prince George's County electric vehicle into a charging station at the Brandywine Maintenance Facility in Brandywine, Maryland on December 13, 2021. (Photo by Chip Somodevilla/Getty Images)
Biden-Harris Administration The government is looking to expand domestic materials production, and the government has recently Announced The government will spend more than $3 billion to boost domestic electric vehicle (EV) battery production to counter China's rise in manufacturing. (Related article: President Trump threatens to impose huge tariffs on John Deere if manufacturing moves to Mexico)
President Trump previously said that there would be an “economic catastrophe” if the Biden-Harris administration's EV policies were continued, according to a Sept. 10 report. statement President Trump released a statement on his website, in which he sharply criticized the Biden-Harris administration's EV mandate, pointing out that restricting gasoline-powered vehicles would result in the loss of nearly 200,000 auto manufacturing jobs in the United States.
When asked for comment, the Trump campaign pointed the Daily Caller News Foundation to Trump's speech in Georgia.
The Harris campaign did not immediately respond to DCNF's request for comment.
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