Manufacturers Congratulate Trump, Vow to “Get to Work”
Manufacturers pledged today to work with President-elect Donald Trump to provide “a fresh opportunity … for all Americans.”
What’s going on: NAM President and CEO Jay Timmons congratulated Trump on the historic win and urged the soon-to-be commander-in-chief “to get to work to address the policies that will define your administration.” These, Timmons said, should include:
- Permitting reform;
- Reinstatement of expired 2017 pro-growth tax reform provisions; and
- An all-of-the-above energy strategy.
Why it’s important: “[W]e are facing monumental headwinds today, and sector optimism is at its lowest levels in years,” Timmons said. “The cost of business continues to increase. From health care to looming tax hikes, and aggressive agency overreach, the policies of today are keeping shovels out of the ground. We believe that we can build on the successes of our previous work together to roll back burdensome regulations, unleash American energy security [and] power the economy of the future.”
- The NAM worked with the first Trump administration to advocate for the 2017 Tax Cuts and Jobs Act, which contained several key provisions that acted like “rocket fuel” for the manufacturing industry.
Better together: Timmons referred to the letter sent Monday to the new president by the NAM and more than 600 manufacturing leaders, in which the signatories advocated for putting aside divergent opinions and uniting around policies that support a strong manufacturing sector.
The last word: “Elections may place Americans on different sides, but as we approach America’s 250th anniversary, this can be a moment to renew our belief in each other and in the promise of our nation,” Timmons concluded. “Let’s work together as we did before to define not just your time in the White House but to define a historic moment in our nation’s history.”