Official announcement from the Trump administration or relevant government agency

Trump to Offer Federal Land, Incentives for Foreign Companies to Relocate to U.S.

Sep 24, 2024, 04:02 PM

Donald Trump is set to outline a series of incentives on Tuesday aimed at encouraging foreign companies to relocate to the United States if he wins the November 5 election. In his economy-focused address, Trump will pledge to personally recruit foreign companies and offer federal land as part of the incentives. Additionally, he plans to use tax breaks and tariffs to attract foreign manufacturers and punish companies that do not move production to the U.S. This initiative is part of Trump's broader strategy to stop U.S. businesses from offshoring jobs and to bring jobs and factories from other countries to the U.S.