You want to sell to Americans? You got to make it in America

"What do companies want to do? As President Trump said yesterday, the best way to avoid tariffs is to build your factory here.

And what can we do from the Treasury Department to help? We're pushing to get the tax bill passed so we can guarantee low taxes and full depreciation within the first year. We're working with Secretary Burgum and Wright on energy security, and we're also working to cut down regulations.

The president—I'm not sure if he mentioned it yesterday or the day before—talked about Taiwan Semi, or the world's largest semiconductor manufacturer. Lee Zeldin, the EPA commissioner, is working to fast-track all the permits they need because we've fallen into this regulatory maze where everything takes too long to get done in this country.

So, I think what will be more interesting are the individual company announcements rather than country-by-country ones. If you want to sell to Americans, do you have to manufacture in the U.S.? Absolutely. Or pay the tariff."