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The president also championed the work he has already done through proclamations and executive orders to slash burdensome regulations, enacted under former President Barack Obama’s administration, that hampered businesses and stifled the economy.

“My administration is removing the burdens and regulations on your companies so that you can compete, thrive and grow,” Trump said. “But we’ll also have something where you don’t have to wait 15 years for a permit, and then when you go to the board, you lose. And that’s a big portion of your life wiped out waiting for a permit. We’re not going to let that happen.”

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“We want to build, create and grow more products in our country using American labor, American goods, and American grit,” he continued. “When we purchase products made in the USA, the profits stay here, the revenue stays here and the jobs — maybe most importantly of all — they stay right here in the USA.”

The president reiterated his commitment to exiting or renegotiating disastrous trade deals that have harmed American workers and businesses while elevating foreign ones.

“For decades, Washington has allowed other nations to wipe out millions of American jobs through unfair trade practices,” Trump said. “This painful exodus of American jobs — and I’ve been talking about it for years — was also marked by a period of sluggish growth, falling incomes, surging welfare and shirking participation in the workforce. Clearly it’s time for a new policy, one defined by two simple rules: We will buy American, and we will hire American.”

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Trump proceeded to reveal his “favorite word,” dubbing it to be “reciprocity,” noting that it is an outrage when “we have countries that charge us a hundred percent tax on a product. And when that product is sold by them to us, we brilliantly charge them nothing.”

“And people say, ‘Oh, that’s free trade.’ No, that’s stupid trade. That’s really stupid trade,” Trump said. “Oh, what happens in Washington — you just wouldn’t believe the things. But reciprocity must be treated as ‘the handmaiden of protection,'” Trump said, echoing former President Theodore Roosevelt’s phrase.

“It’s not fair to the United States, and that’s why I’m here, and I believe it’s one of the primary reasons you elected me and Mike. I mean, that’s why we’re here,” he said. “And I think you’re going to see a big, big — I don’t think. I don’t think. I know — you’re going to see one of the great differences. And you’re already seeing it, but it’s going to get more so and more so.”[lz_pagination]