Trump Promotes Knowledge Transfer from Foreign Investors to Boost US Manufacturing

Donald Trump has called for foreign companies investing in the US to include training programs for American workers. He believes that the presence of skilled personnel from these companies is vital for transferring expertise in complex manufacturing processes, such as those in semiconductors and shipbuilding. Trump highlighted that this transfer of knowledge is essential for the US to regain its industrial prowess. He specifically mentioned the need for the US to ‘relearn’ these skills, particularly in industries where it has lagged behind. To encourage foreign investment, Trump stated that the US welcomes both companies and their employees, indicating a willingness to learn and potentially surpass their international counterparts in the future. This announcement is made within the context of Washington’s efforts to strengthen its domestic manufacturing sector, partially driven by global economic concerns and trade tariffs.