Trump’s Team 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, according to documents and people familiar with the discussions. 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. The administration is considering granting leases to companies that would give them access to federal land and water. Trump’s Team Explores Government-Backed Manufacturing Boost – WSJ