EKsumic's Blog

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What achievements has Trump achieved during his presidency?

  1. Nearly 3 million jobs were added. Among them, manufacturing jobs increased by 304,000, reaching the highest point since December 2008; jobs in the construction industry increased by 337,000, reaching the highest level since June 2008.
  2. The unemployment rate hit a new low since April 2000-3.8%; job vacancies reached 6.6 million, the highest in history. According to Gallup Poll, 67% of Americans believe that now is a good time to find a high-quality job. This is the first time this poll has exceeded 50% since the poll was launched 17 years ago-only President Trump has reached this level.
  3. The "Tax Cuts and Jobs Act" cut taxes for US households by US$3.2 trillion, and at the same time reduced corporate income tax from 35% to 21%.
  4. In addition, in terms of "deregulation", the Trump administration has cancelled 22 existing regulatory regulations, abolished relevant regulations that are not conducive to the U.S. agriculture and energy industry, and relaxed financial regulation in the 2010 Dodd-Frank Act. Institutional regulations give American SME banks more flexibility in issuing loans.

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The Trump administration's trade policy is committed to countering unfair trade with the United States by various countries and striving for free, fair, and mutually beneficial trade agreements for American workers.

This article was last edited at 2020-11-08 17:23:55

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