U.S. Businesses in Record Agreements with Foreign Buyers

The Department of Commerce’s International Trade Administration (ITA) announced that American contractors have a record number of agreements with foreign government buyers.

Record achievements include nearly 100 contracts worth $170 billion and surpass the $12 billion in contracts signed during the same period in 2021. “American companies won deals during the first nine months of Trump Administration at more than 14 times the value of contracts signed over the same period in 2021 under the Biden Administration,” the Commerce Department explained.

The contracts support 589,000 American jobs and secure $144 billion worth of made-in-USA exports.

Contracts secured by the Trump administration include $153 billion in the aerospace and defense sector, an estimated $5 billion for energy security, more than $800 million for the information technology sector, and more than $600 million for the safety and security equipment sector.

“The record-breaking U.S. business wins under President Trump’s leadership reflects an unwavering commitment to rebuilding U.S. industry for the American worker,” said Commerce Secretary Howard Lutnick. “With record business deals abroad, America is strong again, and together with the American worker, President Trump is transforming the U.S. economy, rebalancing our global trade, and restoring America’s place in the world.”

Under Secretary of Commerce William Kimmitt said in a statement that during the first nine months of the Trump administration, ITA advocacy “has worked tirelessly to win contracts to support hundreds of thousands of American jobs.”

“We will continue to be an unrelenting advocate around the world in support of American workers.” 

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