As US President, Trump plans to offer foreign companies new incentives, with a warning
Donald Trump will pledge to personally recruit foreign companies and outline new incentives — including an offer of federal land — designed to lure operations to the US during an economic address on Tuesday in Savannah, Georgia.
The Republican presidential nominee will outline a carrot-and-stick approach, according to a senior Trump adviser who requested anonymity to detail the proposal, luring those who sell into the US with a more favorable business climate while also threatening harsh tariffs on imports.
The speech is the latest effort by Trump to cast himself as the best steward of the economy, seeking to seize on a top issue for voters with less than 50 days before the election. Trump’s Democratic opponent, Kamala Harris, is expected to outline her own economic vision during a campaign appearance in Pittsburgh on Wednesday.
The choice of Savannah — a growing port city in a crucial battleground state — is intended to illustrate the former president’s desire to transform the US economy to become a greater exporter of domestically manufactured goods.
In his speech, Trump will discuss the ways he intends to woo foreign manufacturers to the US through a lower corporate tax rate, fewer regulations, cheap energy, strong ports and even government land.
Artificial Intelligence(AI)
Java Programming with ChatGPT: Learn using Generative AI
By — Metla Sudha Sekhar, Developer and Lead Instructor
Artificial Intelligence(AI)
Basics of Generative AI: Unveiling Tomorrow's Innovations
By — Metla Sudha Sekhar, Developer and Lead
