The opportunity zones come with several tax advantages. Capital gains placed in a certified opportunity zone fund will not be taxed through the end of 2026 or when the investment is sold, whichever comes first.
The "Tariffs Hurt the Heartland" campaign involves reaching out to members of Congress, buying ads and hosting town hall style meetings in swing states.
Trump has suggested revenue from tariffs could be used to reduce the federal deficit, which rose to $77 billion in July.
The overall support provides something of a safety net for Trump's "America First" economic agenda, as he studies brazen new tariff packages and plays hardball with trading partners.
To date, the Department of Commerce has approved 220 requests for exclusions of steel and aluminum and denied 175. The remaining tens of thousands are waiting to be processed.
"Customers are trying to figure out based upon these tariffs and potentially quotas how that changes their supply chain and who they are going to be buying their product from," Majestic Steel's CEO told CNBC.
The Trump administration wants to stop unfair trade practices, but the bigger battle is over intellectual property.
The EU and China are considering which American products to slap tariffs on in retaliation, such as Harley Davidsons, bourbon and sorghum.
Australian Prime Minister Malcolm Turnbull has two pitches readied for President Donald Trump when he visits the White House on Friday.
The Trump administration wants to reduce the time it takes to get a permit for infrastructure projects.
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