President Donald Trump speaks on tax policy during a visit to Sheffer Corporation, Monday, Feb. 5, 2018, in Blue Ash, Ohio. (AP Photo/Evan Vucci)

The Latest: Trump praises economy in speech at Ohio factory

February 05, 2018 - 2:55 pm

WASHINGTON (AP) — The Latest on the Trumps' trip to Ohio (all times local):

2:50 a.m.

President Donald Trump is praising his recently-passed tax overhaul law, telling workers in Ohio that "America is once again open for business."

Trump is touring a manufacturing company near Cincinnati and pointing to economic gains during his first year as president. He's telling workers during a speech at the company that people's taxes "are going way down" and U.S. "factories are coming back."

He says the tax cuts are at the center of improving economic conditions. The Dow Jones industrial average was down 500 points on Monday amid worries from investors about signs of higher inflation and interest rates.


2:45 p.m.

Melania Trump is visiting a children's hospital in Cincinnati to hear about the opioid epidemic in Ohio.

The first lady is on a rare policy trip with President Donald Trump, flying with him to Ohio on Monday and then going their separate ways.

She went to Cincinnati Children's Hospital Medical Center where hospital officials are briefing her on opioids. She'll also meet patients.

The president went off to Sheffer Corp. in the city of Blue Ash to promote the package of tax cuts he signed into law last year. The company recently gave its 126 workers bonuses of $1,000 apiece and attributed the gift to the windfall from corporate tax cuts in the new law.

Mrs. Trump was accompanied to the hospital by presidential adviser Kellyanne Conway.


10:10 a.m.

President Donald Trump and first lady Melania Trump are heading to Ohio, where the president will point to the benefits of the tax law and the first lady will talk about the administration's response to the opioid epidemic.

It's a rare joint domestic policy trip for the first couple.

The president is expected to point to the benefits of the tax law for small businesses. Trump was touring Sheffer Corporation, a manufacturer in Blue Ash, Ohio, that recently gave its 126 workers bonuses of $1,000 apiece because of the tax law.

Jeff Norris is the company's chief executive. He's referencing House Democratic leader Nancy Pelosi's labeling the tax-related bonuses "crumbs."

Norris says on "Fox & Friends" that some call it "crumbs" but "we consider that fine dining."

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