In his first address to Congress of his second term, Trump projected a message of optimism, declaring America's momentum, spirit, and pride as back. He unveiled initiatives such as a new office of shipbuilding aimed at revitalizing America's shipbuilding industry with tax incentives and fulfilled promises like the 'no tax on tips' for service workers. Despite the upbeat tone, the backdrop included economic challenges like stock market declines and consumer confidence issues, hinting at tough times ahead as Trump attempted to balance budgetary promises and tax cuts.
To thunderous applause from his party, Trump announced a new office of shipbuilding in the White House, to help resurrect the American shipbuilding industry.
Trump pledged to fulfill his 'no tax on tips' campaign trail promise to service-sector workers, and called for car loan interest payments to be tax deductible.
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