Detroit City Wire

The economic strategy of former President Donald Trump is characterized by a focus on domestic job creation and manufacturing growth. According to Steve Cortes, a former advisor to Trump, the approach has resulted in significant gains in factory jobs, marking the largest increase in 15 months. This contrasts with the previous administration under Joe Biden, which reportedly saw a decline in manufacturing employment.

Trump's plan involves attracting international investments while discouraging companies from offshoring jobs, particularly to countries like China. Notable investments include commitments from Apple, TSMC, and Saudi Arabia totaling billions of dollars. These efforts are part of Trump's "America First Investment Policy," aimed at fostering foreign direct investment from allies and protecting against potentially harmful foreign influences.

Cortes highlights concerns about reliance on hostile nations for critical supplies, citing China's restrictions during the COVID-19 pandemic as an example. In response, Trump has implemented policies to safeguard strategic industries and promote energy independence through diverse energy sources.

Battery technology is identified as a crucial area for national security and economic success. However, there are criticisms of the Biden administration's policies that allegedly benefit Chinese manufacturers. Cortes points out ongoing Chinese battery projects in the U.S., including collaborations with American companies like Ford.

The article emphasizes Trump's commitment to ensuring American leadership in future technologies while preventing foreign control over key sectors. Cortes advocates for policies that support American enterprises and protect national interests against external threats.

Steve Cortes is noted as the president of the League of American Workers and a senior political advisor to Catholic Vote.

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