Good afternoon and welcome to our Week-End Update!
What another GREAT week as the America First Agenda continues to make our nation stronger.
First, another outstanding jobs report for December – our economy continues to surge under the policies of President Donald Trump and Congressional Republicans. The U.S. economy added 145,000 jobs this past month, and in 2019 overall, employers added 2.11 million jobs. Since the President took office, over 7.3 million jobs have been created. The chart below showcases how the Trump administration has drastically outperformed the Obama administration in growing the earnings of workers. This chart clearly shows how President Trump is helping hardworking Americans and their families. Fortunately, this growth is a blue-collar job boom.
Next, the U.S. Senate passed the U.S.M.C.A. and it is now on President Trump’s desk. This is a landmark trade agreement, fully led by the President, that passed with bipartisan support. We will finally have a trade deal in place that puts American working families first.
Finally, President Trump and his administration negotiated a deal with China that creates fairer trade and more open markets for U.S. manufacturers and farmers. The Phase 1 deal is a major step in the right direction for long-term growth & prosperity. It will slash our trade deficit with China by $200 billion, protects US intellectual property, and positive results are already here: a booming stock market and doubling of soybean exports.
The China deal is good for our country and great for working families. America will continue to prosper, meaning higher wages and create even more good-paying jobs for all Americans. President Trump is making trade work for America.
These landmark deals have opened up new markets for U.S. goods.