US companies secure $170B in foreign deals under Trump so far this year

NEWYou can now listen to Fox News articles!
FIRST ON FOX: American companies have won a record $170 billion in foreign government contracts since President Donald Trump returned to office, the Department of Commerce announced Tuesday.
The deals amount to 98 contracts and are expected to generate $144 billion in U.S.-manufactured exports and support nearly 600,000 American jobs, according to the International Trade Administration (ITA), the Commerce Department’s arm for trade and exports.
TRUMP SAYS HE HOLDS ‘INCREDIBLE CARDS’ THAT COULD ‘DESTROY CHINA’ BUT WON’T PLAY THEM YET
The total dwarfs the $12 billion in contracts signed during the same period in 2021 under former President Joe Biden.
The aerospace and defense sector took the lion’s share, securing $153 billion in signed contracts. Other deals included about $5 billion in nuclear, oil and gas projects, $800 million in information technology, and more than $600 million in safety and security equipment.
Commerce officials said the latest tally underscores a renewed focus to prioritize U.S. industry and competitiveness abroad.
BESSENT DEFENDS TRUMP’S TARIFFS AGAINST CLAIMS THEY HARM US BUSINESSES