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Axios AM: Mike's Top 10 -- Tech to escalate face-off with Trump * "Replace" becomes "repair" * New Yorker, Vanity Fair nix correspondents' weekend
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<p>Tech to escalate face-off with Trump * "Replace" becomes "repair" * New =orker, Vanity Fair nix correspondents' weekend </p>
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<span class="main-header" style="font-size: 44px; font-family: 'gorditaium', Arial, Helvetica, sans-serif; color: #008dc8; letter-spacing: -1px= line-height: 1;">Axios AM</span>
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<span class="bodytext" style="font-size: 13px; color: #222222; font-fa=ily: 'gorditamedium', Arial, Helvetica, sans-serif; ">By Mike Allen = <span style="margin: 0 6px;">·</span>Feb 03, 2017</sp=n>
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1 big thing: What a week
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<p>Greg Ruben / Axios</p>
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<p><strong>May you live </strong>in interesting times ...</p><p><strong>A 2=-year-old</strong> who created disappearing messages for kids filed for an=IPO that could top $20 BILLION , despite losing $500 million last year. Th=s was days after Snapchat CEO Evan Spiegel agreed to invest $2 billion in =oogle's "cloud," which until a few years ago was something that blocked th= sun, but now houses our digital secrets and creates vast riches for tech =itans.</p><p> Thanks in part to this money cloud,<strong> </strong>Google =nocked off Apple as the world's most valuable brand. Elon Musk, who builds=private rocket ships and mass-consumer electric cars for the rich, agreed =o keep his meeting with Donald Trump this morning, so he can push for, amo=g other things, making <strong>"humanity a multi-planet civilization."</st=ong></p><p>Oh, and <a href="http://link.axios.com/click/8773632.29129/aH DovL3d3dy5jbmJjLmNvbS8yMDE3LzAxLzIzL2JpbGwtZ2F0ZXMtY291bGQtYmVjb21lLXRoZb3JsZHMtZmlyc3QtdHJpbGxpb25haXJlLmh0bWw_dXRtX3NvdXJjZT1uZXdzbGV0dGVyJnV0=V9tZWRpdW09ZW1haWwmdXRtX2NhbXBhaWduPW5ld3NsZXR0ZXJfYXhpb3NhbQ/5871993924c14d77a8b8cBcaff3278" target="_blank">CNBC says</a> Bill Gates may becom= the world's first trillionaire.<br></p><p>Meanwhile, the sector where all=of the companies reside seemed ready for war with Trump over restricting t=e foreign-born talent that helped bring them to life and property. </p><p>=n the other coast, President Trump, at the National Prayer Breakfast, lite=ally prayed for a former action movie hero who now stars in "The Apprentic=," the reality show our president created AND still technically produces. =/p><p>Trump's remarks took on separation of church and state: "I will get =id of and totally destroy the Johnson Amendment [banning political endorse=ents by churches] and allow our representatives of faith to speak freely a=d without fear of retribution. I will do that -- remember."</p><p>Perhaps =rump's quote of the week: "The world is in trouble, but we're going to str=ighten it out. OK? That's what I do. I fix things. We're going to straight=n it out."</p><p><span></span>Soon after, Nancy Pelosi, the voice of Housemocrats, called Trump's top strategist, Steve Bannon (on the cover of th= new TIME as possibly "the second most powerful man in the world"), a "whi=e supremacist." And Trump, two weeks after threatening NATO and China, one=week after threatening foreign visitors from select Muslim-majority nation=, and one day after threatening Mexico and Australia, prepared a new threa= to Iran in the form of renewed sanctions. </p><p><strong>As New York Time=man </strong>Jonathan Martin so often says: Ya can't make it up! </p><p><s=rong>Happy Friday .... </strong><br></p>
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2. Driving the day
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<p><strong>I'm told that</strong> Homeland Security Security Secretary John=Kelly now will join Trump's awkward 10 a.m. meeting with CEOs, several of =hom lead workforces who are overwhelmingly opposed to him. The addition of=Kelly is an effort by the White House to show it's paying attention to cri=icism of its migrant restrictions. But executives tell us they want soften=ng, not just listening. </p><p><strong>Organizers expect the meeting</stro=g> in the State Dining Room will be less confrontational now that Uber CEO=Travis Kalanick won't be there. Under inside and outside pressure, Kalanic= yesterday announced he was quitting the President's Strategic and Policy =orum, led by Blackston'e's Stephen A. Schwarzman. <span></span></p><ul><li=<strong>Uber CEO's letter</strong> to employees, via Axios' David McCabe, =ho posts <a href="http://link.axios.com/click/8773632.29129/aHR0cHM6Ly93<uYXhpb3MuY29tL3ViZXItY2VvLW91dC1vZi10cnVtcC1jb3VuY2lsLTIyMzQwNDU5NzAuaHR91dG1fc291cmNlPW5ld3NsZXR0ZXImdXRtX21lZGl1bT1lbWFpbCZ1dG1fY2FtcGFpZ249bm<2xldHRlcl9heGlvc2Ft/5871993924c17c54d77a8b8cB253be868" target="_blank"=the full text</a>: "Earlier today I spoke briefly with the President about=the immigration executive order ... Joining the group was not meant to be =n endorsement of the President or his agenda but unfortunately it has been=misinterpreted to be exactly that."</li><li><strong>Today's conversation</=trong> will be closed to reporters. The White House schedule says the pool=will be brought in for pictures at the top (look for Trump to say a few wo=ds), and that's it. Vice President Pence will join.</li></ul>
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3. Rising confrontation
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<p><strong>Only major changes </strong>are going to defuse this collision b=tween the new White House and the new economy. A sweeping <a href="http:=/link.axios.com/click/8773632.29129/aHR0cHM6Ly93d3cud2FzaGluZ3RvbnBvc3QuY2=tL2J1c2luZXNzL2Vjb25vbXkvdGVjaC1pbmR1c3RyeS1vcHBvc2l0aW9uLXRvLXRydW1wLXRyY=ZlbC1iYW4tZXNjYWxhdGVzLzIwMTcvMDIvMDIvNGI3MTlkYWMtZTk4Ni0xMWU2LWJmNmYtMzAx=jZiNDQzNjI0X3N0b3J5Lmh0bWw_dXRtX3NvdXJjZT1uZXdzbGV0dGVyJnV0bV9tZWRpdW09ZW1=aWwmdXRtX2NhbXBhaWduPW5ld3NsZXR0ZXJfYXhpb3NhbQ/5871993924c17c54d77a8b8cB83 4f0" target="_blank">WashPost front-pager</a> led by Silicon Valley co=respondent Elizabeth Dworkin points to "[r]ising alarm along the West Coas='s tech archipelago from Silicon Valley to Seattle."</p><p><strong>The Pos= reports </strong>that tech companies "are preparing themselves for a high=stakes confrontation with the president."<strong> Three juicy points:</str=ng></p><ul><li><strong>A new letter warning of the economic risks </strong=of the administration's economic policies is being drafted by executives a= Facebook, Google, Microsoft, Apple and others.</li><li><strong>"Some tech=companies</strong> are now considering whether to move jobs out of the Uni States to places with more relaxed immigration policies, such as Vancou=er, B.C., and Dublin, which have made clear they would welcome an influx o= U.S.-based immigrant technology workers."</li><li><strong>Read this parag=aph:</strong> "A little more than half of U.S. start-ups that are estimate= to be worth more than $1 billion were founded by immigrants, according to=the National Foundation for American Policy, an Arlington think tank. ... =atya Nadella, the chief executive of Microsoft, is an immigrant from India= Google co-founder Sergey Brin is a refugee from the former Soviet Union; =nd Omid Kordestani, Twitter's executive chairman, was born in Iran. Apple =o-founder Steve Jobs was the son of a Syrian immigrant."</li></ul>
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<p class="bodytext" style="-webkit-text-size-adjust: 100%; margin-botto=: 0 !important; font-size: 11px !important; letter-spacing: 1.4px; font-fa=ily: 'gordita', Arial, Helvetica, sans-serif; color: #008dc8; text-transfo=m: uppercase; font-weight:700;">A Message From Walmart</p>
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<span class="bodytext hed" style="font-size: 27px; font-family: 'gordit=medium', Arial, Helvetica, sans-serif; color: #222222; letter-spacing: -0.=px; line-height: 1.5;">More than 100 new jobs in Statesville, N.C.</span>
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<p>“We went from 40 people to over 140 people… Without Walmart=rsquo;s commitment to building American jobs, I’m not sure where we =ould be.” – David Moore, production director at Homestar. </p>
<p><a href='http://link.axios.com/click/8773632.29129/aHR0cDovL2NvcnBvcmF=ZS53YWxtYXJ0LmNvbS9hbWVyaWNhYXR3b3JrP3V0bV9zb3VyY2U9bmV3c2xldHRlciZ1dG1fbW=kaXVtPWVtYWlsJnV0bV9jYW1wYWlnbj1uZXdzbGV0dGVyX2F4aW9zYW0/5871993924c17c54dz8b8cB4deec286' target='_blank'>Learn more</a>. </p>
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4. Hill crawl
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<p><strong>Trump's flurry of executive orders is</strong> partly a hedge ag=inst slow action or headwinds on the Hill. This calendar, prepared by Hous= Republican leadership staff and leaked to me by a lobbyist, shows the slo= ahead. </p><p><strong>The biggest sign</strong> of lowered expectations i= the new GOP lingo about "repairing" instead of "replacing" Obamacare. Two=pieces this morning capture the new reality: </p><ul><li><strong>N.Y. Time= <a href="http://link.axios.com/click/8773632.29129/aHR0cHM6Ly93d3cubnl0=W1lcy5jb20vMjAxNy8wMi8wMi91cy9wb2xpdGljcy90aGUtY2FtcGFpZ24tdG8tZGVzdHJveS1=YmFtYWNhcmUtaGl0cy1hLXdhbGwuaHRtbD91dG1fc291cmNlPW5ld3NsZXR0ZXImdXRtX21lZGT1lbWFpbCZ1dG1fY2FtcGFpZ249bmV3c2xldHRlcl9heGlvc2Ft/5871993924c17c54d77acB5bf095d5" target="_blank">front-pager</a>, </strong>"Sprint to Repea= the Health Law Slows to a Crawl": "An aspirational deadline of Jan. 27 fo= repeal legislation has come and gone. ... <strong></strong></li><li><stro=g>"With unity elusive, </strong>GOP talks more of repairing health law" --=<a href="With unity elusive, GOP talks more of repairing health law " ta=get="_blank">AP</a>: "House Speaker Paul Ryan ... has been saying Republns want to 'rescue' the health system and Thursday embraced all of the c=mpeting phraseology, saying, 'The best way to repair a health care system =s to repeal and replace Obamacare.'"</li></ul>
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5. Beyond the bubble
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<p><strong>"At least he's DOING something.</strong> Washington never DOES a=ything."</p><p><strong>Rock-solid support </strong>from Trump's base is li=ely to keep his national numbers from collapsing even as he weathers withe=ing coverage on the coasts. Newspapers, trying to make up for their pre-el=ction blind spots, are sending reporters to obscure datelines to talk to T=ump voters, and three front-pagers in three days tell an identical story: =/p><ul><li><strong>Seattle Times</strong> today, "Supporters: Trump is jusdoing what he promised": "They don't get the hubbub. He
won. And he's doing exactly what
he said he would do."</li><li><strong>WashPost </strong>yesterday, "<a href="http://link.axios.com/click/8773632.29129/aHR0cHM6Ly93d3cud2FzaGluZ3Rvb=Bvc3QuY29tL3BvbGl0aWNzL3RydW1wLWJhY2tlcnMtbGlrZS1oaXMtZWFybHktbW92ZXMtaXRz=XdoYXQtZXhlY3V0aXZlcy1hcmUtc3VwcG9zZWQtdG8tYmUvMjAxNy8wMi8wMS8yZjQyOTUwZS1=ODhkLTExZTYtYmY2Zi0zMDFiNmI0NDM2MjRfc3RvcnkuaHRtbD91dG1fc291cmNlPW5ld3NsZX=0ZXImdXRtX21lZGl1bT1lbWFpbCZ1dG1fY2FtcGFpZ249bmV3c2xldHRlcl9heGlvc2Ft/5871924c17c54d77a8b8cBff5b6acf" target="_blank">Trump backers like his ear=y moves</a>," from Accident, Md.: "Critics are unfairly exaggerating the ect of Trump's executive orders and complaining without giving him a fair=chance, supporters say, just as critics blew some of his comments and joke= out of proportion during the campaign."</li><li><strong>Boston Globe</str=ng> on Wednesday, "Trump voters say clamor clouds one fact: <a href="htt=://link.axios.com/click/8773632.29129/aHR0cHM6Ly93d3cuYm9zdG9uZ2xvYmUuY29t!ldHJvLzIwMTcvMDEvMzEvdHJ1bXAtc3VwcG9ydGVycy1zZWUtaW1taWdyYXRpb24tY3JhY2tduLXByb21pc2Uta2VwdC9OVjQ1ZDd1aDgwM0J4OXlCQVhxMmJNL3N0b3J5Lmh0bWw_dXRtX3=vdXJjZT1uZXdzbGV0dGVyJnV0bV9tZWRpdW09ZW1haWwmdXRtX2NhbXBhaWduPW5ld3NsZXR0Z=JfYXhpb3NhbQ/5871993924c17c54d77a8b8cBe163c044" target="_blank">He deliv=rs</a>": "This was what they voted for."</li></ul>
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6. Trump v. Dodd-Frank
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<p><strong>In a move that White House economic adviser Gary Cohn</strong> c=lls "a table setter for a bunch of stuff that is coming," Trump today will=sign an executive order to scale back the Dodd-Frank financial-overhaul la= "in a sweeping plan to dismantle much of the regulatory system put in pla=e after the financial crisis," per the Wall Street Journal's<a href="htt=://link.axios.com/click/8773632.29129/aHR0cHM6Ly93d3cud3NqLmNvbS9hcnRpY2xl=y90cnVtcC1tb3Zlcy10by11bmRvLWRvZGQtZnJhbmstbGF3LTE0ODYxMDE2MDI_dXRtX3NvdXJ=ZT1uZXdzbGV0dGVyJnV0bV9tZWRpdW09ZW1haWwmdXRtX2NhbXBhaWduPW5ld3NsZXR0ZXJfYX=pb3NhbQ/5871993924c17c54d77a8b8cBa8192233" target="_blank"> lead story</=>.</p><ul><li><strong>Cohn's case:</strong> "Americans are going to have b=tter choices and Americans are going to have better products because we're=not going to burden the banks with literally hundreds of billions of dolla=s of regulatory costs every year ... The banks are going to be able to pri=e product more efficiently and more effectively to consumers."</li><li><st=ong>What's next:</strong> "Cohn said the actions ... pave the way for addi=ional orders that would affect the postcrisis Financial Stability Oversigh= Council, the mechanism for winding down a giant faltering financial compa=y, and the way the government supervises ... systemically important financ=al institutions."</li><li><strong>The fight: </strong>"The changes ... are=sure to face a fight from consumer groups and Democrats, who say postcrisi= regulations are protecting average borrowers and investors ... while maki=g ... bailouts less likely.</li><li><strong>The risk for Trump:</strong> H=s "campaign was successful in swaths of the Midwest where homeowners were =it hardest by the housing crash sparked by the financial crisis."</li></ul</td>
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7. Connecting the dots
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<span class="bodytext" style="text-transform: uppercase; font-size: 10p=; font-family: 'gordita', Arial, Helvetica, sans-serif; color: #848484;">
<p>Nikki Haley at Security Council / AP </p>
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<p><strong>The N.Y. Times explains</strong> a disruptive foreign-policy day=by leading the paper with "<a href="http://link.axios.com/click/8773632.29/aHR0cHM6Ly93d3cubnl0aW1lcy5jb20vMjAxNy8wMi8wMi93b3JsZC9taWRkbGVlYXN0L=lyYW4tbWlzc2lsZS10ZXN0LXRydW1wLmh0bWw_dXRtX3NvdXJjZT1uZXdzbGV0dGVyJnV0bV9t=WRpdW09ZW1haWwmdXRtX2NhbXBhaWduPW5ld3NsZXR0ZXJfYXhpb3NhbQ/5871993924c17c54wa8b8cBea5e7ee7" target="_blank">Trump Reverts to Pillars Of Obama Poli=ies Abroad:</a> A Contrast With Campaign Vows on Israeli Settlements, Ukra=ne and Iran," by Mark Landler Peter Baker and David Sanger: <strong>The t=ree-act play: </strong></p><ul><li><strong>Tougher on Israel:</strong> "In=the most startling shift, the White House issued an unexpected statement a=pealing to the Israeli government not to expand the construction of Jewish=settlements beyond their current borders in East Jerusalem and the West Ba=k."</li><li><strong>"On Iran,</strong> the administration is preparing eco=omic sanctions similar to those the Obama administration imposed just over=a year ago."</li><li><span></span><strong>"Trump made warmer relation</str=ng>s with Russia the centerpiece of his foreign policy during the campaign= [but his ] United Nations ambassador, [Nikki] Haley, sounded [in her firs= remarks to an open session of the U.N. Security Council] a lot like her pecessor, Samantha Power.</li><li><span></span><strong>What Haley said</s=rong>: "We do want to better our relations with Russia ... However, the di=e situation in eastern Ukraine is one that demands clear and strong condem=ation of Russian actions."</li></ul>
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8. Inside Snapchat
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<p><strong>Filing to go public,</strong> Snapchat's parent, Snap Inc., says=it plans to raise $3 billion. Axios' Dan Primack and Kia Kokalitcheva <a h="http://link.axios.com/click/8773632.29129/aHR0cHM6Ly93d3cuYXhpb3MuY2=tL3NuYXAtZmlsZXMtZm9yLWl0cy1pcG8tMjIyNDU3ODQzMC5odG1sP3V0bV9zb3VyY2U9bmV3c=xldHRlciZ1dG1fbWVkaXVtPWVtYWlsJnV0bV9jYW1wYWlnbj1uZXdzbGV0dGVyX2F4aW9zYW0/1993924c17c54d77a8b8cB91a0cd49" target="_blank">explain:</a> "This may just a placeholder figure that changes later" -- could raise much more.=<strong>The key numbers:</strong></p><ul><li><strong>158 million</strong> =aily average users and 2.5 billion snaps per day. More than 60% of users cte snaps each day.</li><li><strong>$514 million</strong> net loss on aro=nd $404 million in revenue last year, compared to a $373 million net loss =n $59 million in revenue in 2015. </li><li><strong>Co-founders</strong> Ev=n Spiegel and Bobby Murphy each hold just under 22% of the company's Class=A shares, and 2% of its Class B stock.</li><li><strong>Spiegel currently</=trong> makes $500,000 in annual salary, but that will drop to just $1 at t=e time of IPO (plus, of course, a possible $1 million annual bonus).</li><=ul><p><strong>The L.A. Times </strong><a href="http://link.axios.com/cli=k/8773632.29129/aHR0cDovL3d3dy5sYXRpbWVzLmNvbS9idXNpbmVzcy90ZWNobm9sb2d5L2=hLWZpLXRuLXNuYXBjaGF0LWlwby0yMDE3MDIwMi1zdG9yeS5odG1sP3V0bV9zb3VyY2U9bmV3c=xldHRlciZ1dG1fbWVkaXVtPWVtYWlsJnV0bV9jYW1wYWlnbj1uZXdzbGV0dGVyX2F4aW9zYW0/1993924c17c54d77a8b8cBcdff1667" target="_blank">points out </a>this is=expected to be "the biggest initial public offering ever for a Los Angeles=[area] company and one of the highest valued in U.S. history."</p>
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9. D.C. gossip
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<p><strong>With Trump's "running war with the media,"</strong> as he calls =t, the White House Correspondents' Association, which will hold its annua= dinner April 29, was already in a tricky position.<strong> And now ... </=trong></p><p><strong><span></span>"New Yorker and Vanity Fair</strong> Pul= Out of Correspondents Dinner Parties," by N.Y. Times <a href="http://li=k.axios.com/click/8773632.29129/aHR0cHM6Ly93d3cubnl0aW1lcy5jb20vMjAxNy8wMi=wMy91cy9wb2xpdGljcy90cnVtcC13aGl0ZS1ob3VzZS1jb3JyZXNwb25kZW50cy1kaW5uZXIua=RtbD91dG1fc291cmNlPW5ld3NsZXR0ZXImdXRtX21lZGl1bT1lbWFpbCZ1dG1fY2FtcGFpZ249=mV3c2xldHRlcl9heGlvc2Ft/5871993924c17c54d77a8b8cB20465bba" target="_blan=">Michael</a><a href="http://link.axios.com/click/8773632.29129/aHR0cHM6=y93d3cubnl0aW1lcy5jb20vMjAxNy8wMi8wMy91cy9wb2xpdGljcy90cnVtcC13aGl0ZS1ob3V=ZS1jb3JyZXNwb25kZW50cy1kaW5uZXIuaHRtbD91dG1fc291cmNlPW5ld3NsZXR0ZXImdXRtX2=lZGl1bT1lbWFpbCZ1dG1fY2FtcGFpZ249bmV3c2xldHRlcl9heGlvc2Ft/5871993924c17c54wa8b8cC20465bba"> Grynbaum and Katie Rogers</a><a href="http://link.axi=s.com/click/8773632.29129/aHR0cHM6Ly93d3cubnl0aW1lcy5jb20vMjAxNy8wMi8wMy91=y9wb2xpdGljcy90cnVtcC13aGl0ZS1ob3VzZS1jb3JyZXNwb25kZW50cy1kaW5uZXIuaHRtbD9=dG1fc291cmNlPW5ld3NsZXR0ZXImdXRtX21lZGl1bT1lbWFpbCZ1dG1fY2FtcGFpZ249bmV3c2=ldHRlcl9heGlvc2Ft/5871993924c17c54d77a8b8cD20465bba"></a>: "T<span></span>=e New Yorker is canceling the kickoff party that it usually holds at the W=Hotel ... Vanity Fair is pulling out of co-sponsoring the dinner's most ex=lusive after-party ... Vanity Fair's co-sponsor, Bloomberg L.P., is procee=ing with its plans for the party, but no final decision has been made on t=e event."</p><p><strong>WHCA President Jeff Mason,</strong> of Reuters, wr=te members yesterday: "This year, as we do every year, we will celebrate t=e First Amendment and the role an independent press plays in a healthy rep=blic. We will also reward some of the finest political reporting of the pa=t year while using our scholarship program to highlight and support up-and=coming journalists who are the future of our profession."</p><ul><li><stro=g>"In the meantime, </strong>the WHCA will pursue its core mission of advo=ating for journalists' ability to ask questions of government officials, p=sh for transparency from the presidency, and help Americans hold the power=ul to account."</li></ul>
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10. 1 fun thing
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<p><strong>Super Bowls are known for blowouts,</strong> but Vegas and sport= pundits see Sunday's Brady Bowl in Houston as being close: </p><ul><li><s=rong>Sports Illustrated</strong> picks New England Patriots over Atlanta F=lcons, 35-30. </li><li><a href="http://link.axios.com/click/8773632.2912=/aHR0cDovL3d3dy5lc3BuLmNvbS9lc3BuL2ZlYXR1cmUvc3RvcnkvXy9pZC8xODQ0NTk1OC9hd=xhbnRhLWZhbGNvbnMtdnMtbmV3LWVuZ2xhbmQtcGF0cmlvdHMtdWx0aW1hdGUtc3VwZXItYm93saS1wcmV2aWV3P3V0bV9zb3VyY2U9bmV3c2xldHRlciZ1dG1fbWVkaXVtPWVtYWlsJnV0bV9=YW1wYWlnbj1uZXdzbGV0dGVyX2F4aW9zYW0/5871993924c17c54d77a8b8cB5bdf5fd3" tar=et="_blank"><strong>ESPN The Magazine</strong> </a>says Pats have a 55.6= chance of winning -- and projects a 1.8-point margin.</li><li><strong>Nat= Silver's</strong> FiveThirtyEight gives New England a bigger edge -- a 61= chance of winning.</li><li><strong>In USA Today's </strong>special Super =owl 51 magazine, four of seven sportswriters go Brady.</li></ul>
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<p class="bodytext" style="-webkit-text-size-adjust: 100%; margin-botto=: 0 !important; font-size: 11px !important; letter-spacing: 1.4px; font-fa=ily: 'gordita', Arial, Helvetica, sans-serif; color: #008dc8; text-transfo=m: uppercase; font-weight:700;">A Message From Walmart</p>
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<span class="bodytext hed" style="font-size: 26px; font-family: 'gordit=medium', Arial, Helvetica, sans-serif; color: #222222; letter-spacing: -0.=px; line-height: 1.5;">A manufacturing renewal</span>
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<p>The United States was built on a legacy of hard work, and that tradition=of commitment and fortitude is what spurred the rise of our manufacturing =ndustry. Walmart wants to renew that once-thriving industry by supporting =ocal companies. That’s why they are committing an additional $250 b=llion to U.S.-made products—an investment that is estimated to creat= over 1 million jobs by 2023.<sup>*</sup> <a href='http://link.axios.com=click/8773632.29129/aHR0cDovL2NvcnBvcmF0ZS53YWxtYXJ0LmNvbS9hbWVyaWNhYXR3b3=rP3V0bV9zb3VyY2U9bmV3c2xldHRlciZ1dG1fbWVkaXVtPWVtYWlsJnV0bV9jYW1wYWlnbj1uZ=dzbGV0dGVyX2F4aW9zYW0/5871993924c17c54d77a8b8cC4deec286' target='_blank'=Learn more</a>. </p>
<p><sup>*</sup> Based on estimates by Boston Consulting Group
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