Trump Admin Wants Companies To Stay In US, Rebuild Economy 

12 Nov, 2016 13:36 IST|Sakshi
President elect Donald Trump

Washington: Upping the ante against American companies outsourcing jobs overseas, President-elect Donald Trump's transition team has made it clear that the new administration will make it more desirable for companies to stay, create jobs in the country, pay taxes here and rebuild the economy.

Our workers and the communities that support them will thrive again, as more and more companies compete to set up manufacturing in the US, to hire our young people and give them hope and a real shot at prosperity again, it said. America will become, once more, a destination for jobs, production and innovation and will once more show economic leadership in the world, the policy brief said.

Observing that free trade is good as long as it is fair trade, it said American workers are the best in the world.

Asserting that Americans deserve a reliable and efficient transportation network, the transition team said the Trump Administration seeks to invest USD 550 billion to ensure it can export goods and move people faster and safer.

Noting that federal policy should focus on free enterprise, while protecting consumers by policing markets for force and fraud, the transition team said both Wall Street and Washington should be held accountable.

The transition team said regulatory reform is cornerstone of the Trump Administration, and the effort will include a temporary moratorium on all new regulation, canceling overarching executive orders and a thorough review to identify and eliminate unnecessary regulations that kill jobs and bloat government.

The Trump Administration is committed to regulatory reform that will produce sensible regulations that allow America to be great, the transition team said.

PTI

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