Bidenomics is over, and Trump 2.0 means that America’s entrepreneur president puts citizens to work, literally. For instance, the latest manufacturing numbers for February show that factory jobs just grew by the biggest jump in 15 months. Unlike his predecessor Joe Biden, who shed manufacturing jobs at a pace of -9,000/jobs per month in 2024, Trump proves the efficacy of his on-shoring approach. Moreover, 93% of the total job gains were in the private sector, rather than budget-busting government bloat positions.
How is Trump achieving this renewal?
In large part, through spurring international investment from companies and countries from around the world at a rapid clip, restoring America as a manufacturing powerhouse. He employs both carrot and stick, meaning creating the right conditions for enterprise success in America, and also punishing companies that unnecessarily offshore, especially to adversary nations like China. Smart tariff policies compel job creation at home, for Americans.
Just consider some of the recent headlines: Apple announced a $500 billion investment in the U.S., TSMC, the Taiwanese semiconductor giant, announced a $100 billion investment, Saudi Arabia announced a $600 billion investment.
These investments flow from President Trump’s America First Investment Policy that aims to streamline foreign direct investment (FDI) from allies while also protecting America from malign actors, like China.
After all, economic security is national security — and not all investment in the US benefits the American people. Some foreign investment makes America more reliant on hostile nations or enables them to steal American trade secrets or intellectual property.
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Regarding supply lines, decades of unchecked globalization has left Americans vulnerable. Fors instance, China restricted shipments of equipment during the COVID-19 pandemic and also limited exports of critical minerals such as lithium, cobalt, and rare earths which are critical components to American products. The list continues with drones, plus cranes at major ports – sectors that power our economy, secure our borders, and facilitate trade.
In response, President Trump initiates economic policies to safeguard our strategic industries. American industries cannot remain reliant on hostile actors for supplies, from agriculture to quantum computing. We especially must be self-sufficient in energy — meaning production, transmission, and energy storage. […]
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