Donald Trump urges car giants Ford, General Motors and Fiat Chrysler to build new plants in the US

US President Donald Trump has urged the heads of car companies to boost production in the US and promised to slash “out of control” regulations to attract more investment.Trump yesterday also signed executive orders for construction of the controversial Keystone XL and Dakota Access oil pipelines, which had been thrown into doubt under his predecessor Barack Obama over environmental concerns. Wednesday 25 January 2017 12:04 am Donald Trump urges car giants Ford, General Motors and Fiat Chrysler to build new plants in the US whatsapp Vowing to revive the US manufacturing industry, Trump backed the pipelines as long as American steel was used.Read more: Trump bump: US manufacturing activity expands at fastest rate since 2014Paving the way to fast track other infrastructure projects, he signed another executive order to slash environmental reviews that he described as an “incredibly cumbersome, long, horrible permitting process.”In his meeting with the chief executives of General Motors, Ford and Fiat Chrysler, Trump suggested he would overhaul regulations as part of a bid to entice the car makers to build new plants.Read more: Hyundai and General Motors up US investment in the wake of Trump tax threat whatsapp by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryAtlantic MirrorA Kilimanjaro Discovery Has Proved This About The BibleAtlantic MirrorUnify Health LabsRandy Jackson: This 3 Minute Routine Transformed My HealthUnify Health LabsSwift VerdictChrissy Metz, 39, Shows Off Massive Weight Loss In Fierce New PhotoSwift VerdictHealthyGemBaby Has Never Eaten Sugar Or Carbs, Wait Till You See Her TodayHealthyGemFinanceChatterViewers Had To Look Away When This Happened On Live TVFinanceChatterinvesting.comThe Military Spent $1 Billion On this New Vehicle, And Here’s The First Lookinvesting.comMaternity WeekAfter Céline Dion’s Major Weight Loss, She Confirms What We Suspected All AlongMaternity WeekLiver Health1 Bite of This Melts Belly And Arm Fat (Take Before Bed)Liver Health Share Steven Scott More From Our Partners Native American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.org980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.com “We want regulations, but we want regulations that mean something,” Trump said.Trump has previously attacked carmakers for moving plants offshore and threatened to impose a 35 per cent tariff on imported vehicles.The three bosses – GM’s Mary Barra, Ford’s Mark Fields and Fiat Chrysler’s Sergio Marchionne – later praised Trump’s decision to abandon the 12 nation Trans Pacific Partnership (TPP) trade deal, which they said was not tough enough on currency manipulation by Asian countries.Read more: Xi and Trump have fired the opening salvoes of the coming trade war“We’re very encouraged by the President and the economic policies that he’s forwarding,” Fields said.Trump’s focus on business policies came as the Nasdaq Composite ticked to a record high yesterday, closing at 5,600.96 points.

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