Trump's economic policies in a second term aim to bring manufacturing jobs back to the U.S. by implementing tax cuts and tariffs to compete globally.
Trump stated, "With the vision I'm outlining today, not only will we stop our businesses from leaving for foreign lands, but under my leadership, we're going to take other countries' jobs." This reflects his ambition to not only prevent job losses but actively reclaim jobs that have moved overseas.
Under his proposals, Trump suggested lowering the corporate tax rate from 21% to 15% for American manufacturers, while also pushing for substantial tariffs on imported goods to level the playing field for domestic companies.
He emphasized the need for special manufacturing zones, saying, "We're going to use our resources to our benefit," promoting fewer environmental regulations to enhance U.S. manufacturing capabilities.
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