"We will remove unnecessary regulations related to establishing factories in the United States and apply a no-tariff policy to provide a business environment with maximum efficiency. For factories that can produce their own electricity by installing generators, we will immediately proceed with permits."
U.S. President Donald Trump said this in a special address at the Asia-Pacific Economic Cooperation (APEC) chief executive officer (CEO) summit held in Gyeongju on the 29th, stressing the direction of deregulation.
President Trump said, "A factory can become a power company. Several high-skilled personnel are already envisioning designs for related factories, and surplus electricity could be resold to the grid in the future. I will help smart people work."