TRUMP: “To further support the revival of American manufacturing, my plan calls for expanded R&D tax credits, 100% bonus depreciation, expensing for new manufacturing investments, and a reduction in the corporate tax rate from 21% to 15% solely for companies that MAKE THEIR PRODUCT IN AMERICA. If you offshore or replace American workers, you are not eligible for these benefits.”
TRUMP: Smart tariffs will not CREATE inflation, they will COMBAT inflation. Foreign nations will pay us hundreds of billions of dollars, reducing the deficit and driving inflation down. In my first term, we imposed historic tariffs with NO EFFECT on consumer prices or inflation. We had almost no inflation. A combination of fair trade, tax cuts, regulatory cuts, and energy abundance will allow us to produce more goods, BETTER and CHEAPER right here in the USA.
TRUMP: We will ensure that the United States has a steel industry, an aluminum industry, a manufacturing base, and a defense industrial base. Call it what you want. Some might say it’s economic nationalism. I call it common sense. I call it America First. This is the policy that built this country, and this is the policy that will SAVE this country.
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TRUMP: economic nationalism steel industry, R&D tax credits, 100% bonus depreciation, Corp tax 21% to 15%