Trump Explores Government-Backed Manufacturing Boost

“President Trump’s team is weighing a plan to spur the construction of factories and other infrastructure in a bid to jump-start the American manufacturing sector,” the Wall Street Journal reports.

“Under the plan, the administration would use money from a $550 billion investment fund established as part of trade negotiations with Japan to invest in the development of semiconductors, pharmaceuticals, critical minerals, energy, ships and quantum computing.”

“Some of the projects would be granted preferential treatment from the government, including expedited regulatory review.”