pittsburgh. where the union pacific railroad announced e largest purchase of american battery and electric locomotives in history. built in erie, pennsylvania. built by american manufacturing workers in western pennsylvania. creating even more good-paying jobs and the spinoff from that, these locomotives aren t just going to be purchased in america. countries around the world, because it s going to be the best product they re going to purchase them. american-made electric vehicles made in erie, pennsylvania. good-paying jobs. look. we all know we re in competition with the world. these announcements are the drum beat of a job resurgence. unlike anything we ve seen in our history. and it didn t happen by chance. it s the result of the economic plan i put into action on day one when i said it s going to be buy america. i m delighted to keep it going. and expand what we ve done because we have a great
reduce tariffs for some popular consumer products. the president also expected to announce today investment restrictions on china. these are being imposed to prevent china from capturing the technology businesses of the future and stealing american intellectual property. the national association of manufacturers urging the president to go ahead cautiously on this. in a statement this morning saying tariffs are one proposed response but they are likely to create new challenges in the form of significant added costs for manufacturers and american consumers. in addition to these challenges, tariffs also run the risk of provoking china to take further destructive actions against american manufacturing workers. the threat of tariffs not sitting well with the stock market today either. the dow down more than 400 points now. but as we saw with the imposition of tariffs or at least the announcement of tariffs a couple of weeks ago, the dow was down for a while and then rebounded. the presi
imbalancing trade with china and the issue of north korea. what is the approach you expect and hope president trump will take in conversations? based on president trump s past performance with world leaders, i have no expectations. i just want the president to not embarrass us. i m an american. i want him to make us proud. i want him to be strong. i believe in free trade. i also believe in fair trade. that s why i oppose the transpacific partnership. i hope the president gets china to do much more on north korea. that is a major issue, not only for china, but for the united states. congressman, i understand why a lot of people oppose the transpacific partnership, and it is not clear it would have been good for american manufacturing workers in particular. did we inadvertently, by giving it up, allow china a bigger space in asia to be the patron to other countries that it definitely is to north korea? it gave china additional space but it doesn t mean we