President Trump: Thank you. During the campaign, I traveled the nation and visited the cities and towns devastated by unfair trade policies, probably one of the major reasons I'm here today - trade. Nobody has ever made bad trade deals like our country has made.
I saw the shuttered factories and spent time with the laid-off factory workers. I heard their stories, and I promised them action and I promised them a solution. And all over America, you're already seeing that solutions start to take place. Take a look at what's going on Michigan, with Ford and General Motors and Fiat-Chrysler, and so many more.
The jobs and wealth have been stripped from our country. Year after year, decade after decade, trade deficit upon trade deficit - reaching more than $700 billion last year alone, and lots of jobs. Thousands of factories have been stolen from our country. But these voiceless Americans now have a voice in the White House. Under my administration, the theft of American prosperity will end. We're going to defend our industry and create a level playing field for the American worker - finally.
Today, I am signing two executive orders that send this message loud and clear and that set the stage for a great revival of American manufacturing. And you saw that today; you saw what happened, you saw the kind of numbers we have. The survey actually showed 93 percent of manufacturers are now optimistic about the future - a record high - and that's up from about 56 percent just a couple of months ago. We're going to build on that tremendous momentum. And we're bringing manufacturing and jobs back to our country.
First, I'm signing an executive order to ensure that we fully collect all duties imposed on foreign importers that cheat. They're cheaters. From now on, those who break the rules will face the consequences - and there'll be very severe consequences.
Second, I am ordering the first-ever comprehensive review of America's trade deficits and all violations of trade rules that harm the United States and the workers of the United States, just as I promised during my campaign. This review will be led by Secretary Wilbur Ross, who is joining us here today. Wilbur is an outstanding success story, an unbelievable businessman, a great but very, very fair negotiator, and on Wall Street, he's simply known as Wilbur, and everybody knows him. And now we have him on our side. So I thank you, Wilbur. It's really… You're going to do a fantastic job.
We're going to investigate all trade abuses, and, based on those findings, we will take necessary and lawful action to end those many abuses. I am not beholden to any political or financial interest. I don't care. I'm here to do a job. I'm doing a job for the American worker. I really don't care. I'm not thinking about my business or anybody's business. Wilbur isn't. Peter isn't. None of the folks that we have up here are. We're doing a job. It's an opportunity like nobody has ever given. And we're here to do a great job for the American worker and for our companies where the American workers are employed.
I work for the American people. Whether you're a Democrat, a Republican, or belong to no-party at all, you are an American and I'm here to represent you and your family. We're going to get this thing straightened out. We're going to get these bad trade deals straightened out - right, Peter? It's time. You've been looking at it for years - right, Wilbur? This combination over here, it can't be beaten.
That's why I defied the special interests and followed through on my pledge to withdraw immediately from the Trans-Pacific Partnership. And that's why I am taking these very historic steps today. The wellbeing of America and the American worker is my North Star. And these two orders will point out our nation, and point to everybody, point to the world. Next week, as you know, in Florida, the Southern White House, we're having the President of China and a large group from China as representatives. And we're going to get down to some very serious business. So we look forward to it. I've spoken to him numerous times on the phone. We look very much forward to it. But it's been very bad what's been happening to our country in terms of our companies and in terms of our jobs. So we're going to start turning it around. We're going to turn it around fast; it's not going to take a long time. It's going to go fast.
So I just want to end by saying that we have a team that's second to none. And when everybody is assembled and fully in gear after these two orders, I think it's going to be something very special. I'd like to ask Wilbur to say a few words, and then, Peter, you could say a few words. And we're all set. Our Vice President - I think I'm speaking for both, but I'm not 100 percent sure. I will tell you one thing - he has one hell of a good marriage going.