Trump Says Semi-Conductor Firm Broadcom Will Move Headquarters Back to US
'A great day for the American worker," Trump declares.
Semi-conductor company Broadcom Limited is moving its headquarters from Singapore back into the United States, President Trump announced from the White House.
"My administration is working everyday to make the United States the most attractive place in the world to do business," Trump stated, calling it a "great day for the American worker."
He said the Fortune 100 company already employs more than 7,500 Americans in 24 states.
"With this commitment, more than 20 billion dollars in annual revenue will come back to our cities, towns and the American workers," he declared.
The president was joined by the company's CEO Hock E. Tan and a group of its employees from a manufacturing plant in Pennsylvania.
"When I was a young boy, you'd say 'Made in the USA.' That meant something. Well, it means something again," said Trump, adding his administration is "working every day to make the United States the most attractive place to do business."
Trump also touted Republicans' new tax reform bill - unveiled on Capitol Hill today - as a "big, beautiful Christmas present" for Americans that will also create jobs.
Tan spoke after the president, saying his mother could never have imagined her son standing in the Oval Office with the President of the United States.
"And my mother too," the president jokingly interjected.
Tan declared "we are making America home again," drawing applause, saying "America is once again the best place to lead a business with a global footprint."
Tan said he believes the tax reform proposal will "level the global playing field and allow us to compete effectively in worldwide markets."
Watch the remarks above and hear from President Trump directly in an exclusive interview, tonight at 10:00pm ET on "The Ingraham Angle."