The latest on President Donald Trump’s efforts to restore manufacturing jobs in the U.S. article Trump is planning to cut nearly 1 million jobs by 2021, according to a new report.
The White House announced on Thursday that the administration will make an additional $4 billion in funding to help workers rebuild their communities.
That includes $1.4 billion for the Community Reinvestment Act, which would provide funding to rebuild low-income communities by rebuilding or constructing 1,000 new or expanded manufacturing plants.
Trump’s economic policies have been the subject of heated debate for years.
His economic policies include his “Buy American” policy, which encourages companies to hire American workers at home and abroad.
His “Buy Canadian” policy has also spurred some companies to move production overseas.