Trump: We are taking a historic step to lower energy prices
Washington, June 4 (Hibya) - United States (US) President Donald Trump announced a new $700 million investment package for the coal sector aimed at reducing energy costs and living expenses across the country.
US President Donald Trump stated that this investment will both protect existing jobs and make a major contribution to the American economy through new infrastructure projects.
Sharing details about the scope of the investment package and sectoral goals, Trump said, "Today, we are taking a historic step to lower energy prices and the cost of living for all Americans through the power of clean and beautiful coal."
Providing details of the package, Trump said, "Thanks to the $700 million investment I announced today, we will preserve 14 coal power plants and 42 coal mines, and build 2 new coal power plants and a massive new export terminal."
Emphasizing the economic impact of these measures and the relief they will bring to citizens' budgets, Trump concluded: "These steps will support more than 14,000 jobs and save the American people $50 billion in electricity costs."
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