President Donald Trump has announced plans to reduce the corporate tax rate to 15% for companies that manufacture their products in the United States, offering a significant incentive for domestic production. This proposal aims to provide a substantial tax cut from the current rate of 21%, with Trump emphasizing that this benefit would be exclusive to companies that build in the U.S., stating, 'You pay 21% if you don't build here. And if you do, we're going to get it down to 15% but you have to make your product in the USA.'