Former President Donald J. Trump will give a speech on economic policy in Savannah, Ga., on Tuesday in which he is expected to promise to lure other countries’ factories to the United States, according to excerpts from his prepared remarks distributed by his campaign.
Mr. Trump and his campaign are eager to focus the race on the economy, an area where they believe he holds an advantage over Vice President Kamala Harris, and he plans to promise an era of “new American industrialism,” according to the excerpts.
Mr. Trump, who often deviates from prepared remarks, is expected to repeat economic promises he made earlier this month, including to increase tariffs and to lower the corporate tax for businesses who make their products in the United States, as part of an effort to keep companies from moving operations overseas and to persuade manufacturers who left to return to the country.
Polls have consistently shown voters ranking inflation, the cost of living and the economy as top issues in the election. Ms. Harris is expected to focus on the economy when she travels to western Pennsylvania on Wednesday.
Mr. Trump has repeatedly promised he would increase tariffs both as a way to discourage companies from moving jobs abroad and to promote American-made products. But many economists believe that his proposals might disproportionately burden lower-income Americans, since some goods would probably get more expensive.
Mr. Trump told business leaders at the Economic Club of New York this month that he would lower the corporate tax rate to 15 percent from 21 percent for companies that make products in the United States. He is expected to repeat that pledge in Savannah.
When he was president in 2017, Mr. Trump cut the corporate tax rate from 35 percent. Ms. Harris has proposed raising it to 28 percent.
Mr. Trump, who has promised a number of wide-ranging tax cuts, is expected to use his speech to attack Ms. Harris’s tax plans and to criticize her for not fully extending his administration’s tax cuts, which largely benefited wealthy people and corporations but included some cuts for low- and middle-income Americans.
Ms. Harris has said that she would keep those tax cuts in place for people earning up to $400,000 per year, but she would raise rates for people who earn more. She has argued that wealthy Americans can afford to pay higher taxes to help support policies that benefit others.
Mr. Trump’s speech in Georgia, a critical battleground state that was at the center of his efforts to overturn his 2020 election loss, comes as polls have shown an increasingly competitive race there. A recent poll from The New York Times and Siena College found Mr. Trump with a slight lead over Ms. Harris among likely voters, 49 percent to 45 percent, but she has narrowed the lead Mr. Trump once held there over President Biden.
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