President Trump delivers remarks on investing in America — 4/30/2025

Key Concepts

• Made in the USA: Emphasis on bringing manufacturing back to the United States.
• Tariffs as Incentives: Using tariffs strategically to encourage domestic production.
• Economic Growth: Highlighting positive economic indicators and investment figures.
• Regulation Cuts: Reducing regulations to ease business operations.
• Tax Cuts: Implementing significant tax cuts to stimulate the economy.
• AI Infrastructure: Building a robust infrastructure for artificial intelligence development and manufacturing in the US.
• Energy Policy: Ensuring sufficient energy supply to support new industries, particularly AI.
• 100% Expensing: Allowing businesses to deduct the full cost of investments in the year they are made.

Economic Achievements and Policies

The speaker, presumably a political figure, opens by celebrating what he claims is the most successful first 100 days of any administration in American history. He emphasizes the significant investments made by businesses since the election, totaling close to $8 trillion. He contrasts this with the previous administration, suggesting they achieved less than $1 trillion in investments over four years.

He attributes this economic surge to two key factors: "November 5th" (likely a reference to an election date) and the implementation of "tariffs intelligently used" as well as other incentives. The goal is to bring back manufacturing to the United States, encapsulated in the phrase "made in the USA."

He criticizes the previous administration's economic policies, labeling them an "economic disaster" characterized by crippling regulations, a "war on American energy," massive tax hikes, and the "worst inflation" in US history. He also points to the loss of 106,000 manufacturing jobs and the worst trade deficit ever recorded under the previous administration.

He claims that the current administration is reversing these trends by prioritizing "America first" policies. He cites a 3% increase in core GDP (excluding distortions from imports, inventories, and government spending) and a 22% increase in gross domestic investment as evidence of a strengthening economy.

Tax Cuts and Business Incentives

The speaker outlines plans for "the largest tax cuts in American history," including 100% expensing retroactive to January 20th. This allows businesses to deduct the full cost of investments immediately, effectively making it "almost tax-free" to build factories. This 100% expensing will be maintained for a four-year period, unlike the previous one-year deduction that phased out over time.

He also highlights the policy of allowing companies to bring money back from outside the country at a reduced tax rate, which he claims resulted in trillions of dollars returning to the US. He emphasizes that businesses building factories in the US will have a zero tariff rate, along with other advantages.

He urges the audience to contact their representatives to ensure the passage of the tax cut bill, warning that failure to do so could result in a 68% tax increase. He anticipates the bill will pass with Republican support, despite potential opposition from Democrats.

Regulation Cuts and Energy Policy

The speaker claims his administration has cut more regulations than any other president in a four-year period, exceeding even two-term presidents by a factor of four. He recounts a conversation with a business leader who stated that regulation cuts were even more important than tax cuts.

He mentions a plan to reduce taxes to 15% for companies that manufacture their products in the USA, specifically mentioning chips.

He addresses the need for increased electricity production to support the growth of industries like AI. He states that AI development will require double the current electricity capacity of the country. He proposes allowing companies building large plants to construct their own utility plants to ensure a reliable energy supply, bypassing potential grid issues. He promises expedited approvals for these projects through the EPA.

Investment Announcements and Company Recognition

The speaker introduces several business leaders and highlights their companies' investments in the United States:

• Jose Munaz (Hayund): Investing $21 billion, including $5.8 billion for a new steel plant in Louisiana, creating 1,500 jobs.
• Rudolph Seday (CMA CGM): Investing $20 billion and creating 10,000 new jobs.
• Ted Ogawa (Toyota North America): Investing $88 million for car production in West Virginia.
• Brian Shyf (Andrew): Investing $1 billion for a new manufacturing facility in Ohio.
• Doug Harrington (Amazon Stores): Investing $4 billion this year.
• Mike Sable (Venture Global): Investing $18 billion in liquefied natural gas expansion in Louisiana.
• Barbara Humpton (Siemens USA): Investing $285 million.
• Anthony Pratt (Pratt Industries): Investing $5 billion.
• Jobani Hamlaka: Investing $1.2 billion.
• Ivonne Gerard (Bell Brands USA): Investing $350 million.
• Ammer Paul (Schneider Electric North America): Investing $700 million for energy infrastructure.
• Johnson and Johnson: Investing $55 billion in manufacturing, research, and development.
• David Ricks (Eli Liy): Investing $27 billion, doubling its manufacturing investment in the US.
• Vos Nara Simmon (Novartis): Investing $23 billion.
• Ashley Muggi (Genitech): Investing $50 billion.
• Rob Michael (AB V): Investing $10 billion.
• Mark Casper (Thermo Fisher): Investing $2 billion.
• Rob Davis (Merc): Investing $9 billion.
• Robert Ford (Abbott): Investing $500 million.
• Arand (IBM): Investing $150 billion.
• Larry Culp (GE Aerospace): Investing $1 billion in manufacturing across 16 states.
• Masa (SoftBank): Pledging $200 billion plus another $500 billion with Oracle and Open AI, totaling $700 billion.
• Tim Cook (Apple): Committing $500 billion to build plants across seven or eight states.
• Jensen Wong (Nvidia): Producing up to $500 billion over the next four years to manufacture AI chips in the USA.

Larry Culp (GE Aerospace), Masa (SoftBank), and Jensen Wong (Nvidia) are invited to speak briefly about their companies' investments and the positive impact of the administration's policies.

Other Achievements and Concluding Remarks

The speaker claims that military enlistments have increased significantly, reversing a previous trend. He also addresses concerns about egg prices, stating that they have dropped 87% after initial price increases.

He concludes by reiterating the positive economic outlook and inviting business leaders to visit the Oval Office.

Howard, presumably a business leader, speaks briefly, attributing the $8 trillion investment to the administration's industrial policy focused on re-industrializing the United States and bringing manufacturing back to America.

Synthesis/Conclusion

The speaker presents a narrative of economic revitalization driven by strategic policies such as tariffs, tax cuts, and regulation reductions. He emphasizes the importance of bringing manufacturing back to the United States, particularly in high-tech sectors like AI. The address serves as a platform to showcase significant investments from various companies and to promote the administration's pro-business agenda. The focus is on creating a favorable environment for businesses to invest and grow in the US, leading to job creation and economic prosperity.