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updated: 2/5/2018 1:58 PM

The Latest: Trump praises economy in speech at Ohio factory

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  • President Donald Trump speaks on tax policy during a visit to Sheffer Corporation, Monday, Feb. 5, 2018, in Blue Ash, Ohio.

    President Donald Trump speaks on tax policy during a visit to Sheffer Corporation, Monday, Feb. 5, 2018, in Blue Ash, Ohio.
    Associated Press

  • President Donald Trump speaks on tax policy during a visit to Sheffer Corporation, Monday, Feb. 5, 2018, in Blue Ash, Ohio.

    President Donald Trump speaks on tax policy during a visit to Sheffer Corporation, Monday, Feb. 5, 2018, in Blue Ash, Ohio.
    Associated Press

  • President Donald Trump participates in a tour of Sheffer Corporation with company president and CEO Jeff Norris, right, to promote his tax policy, Monday, Feb. 5, 2018, in Cincinnati. Treasury Secretary Steven Mnuchin and Sen. Rob Portman, R-Ohio, back right, follow.

    President Donald Trump participates in a tour of Sheffer Corporation with company president and CEO Jeff Norris, right, to promote his tax policy, Monday, Feb. 5, 2018, in Cincinnati. Treasury Secretary Steven Mnuchin and Sen. Rob Portman, R-Ohio, back right, follow.
    Associated Press

  • President Donald Trump participates in a tour of Sheffer Corporation to promote his tax policy, Monday, Feb. 5, 2018, in Blue Ash, Ohio.

    President Donald Trump participates in a tour of Sheffer Corporation to promote his tax policy, Monday, Feb. 5, 2018, in Blue Ash, Ohio.
    Associated Press

  • President Donald Trump waves as he participates in a tour of Sheffer Corporation to promote his tax policy, Monday, Feb. 5, 2018, in Cincinnati.

    President Donald Trump waves as he participates in a tour of Sheffer Corporation to promote his tax policy, Monday, Feb. 5, 2018, in Cincinnati.
    Associated Press

  • President Donald Trump and first lady Melania Trump walk to greet supporters after arriving at Cincinnati Municipal Lunken Airport, Monday, Feb. 5, 2018, in Cincinnati.

    President Donald Trump and first lady Melania Trump walk to greet supporters after arriving at Cincinnati Municipal Lunken Airport, Monday, Feb. 5, 2018, in Cincinnati.
    Associated Press

  • President Donald Trump and first lady Melania Trump arrive at Cincinnati Municipal Lunken Airport, Monday, Feb. 5, 2018, in Cincinnati.

    President Donald Trump and first lady Melania Trump arrive at Cincinnati Municipal Lunken Airport, Monday, Feb. 5, 2018, in Cincinnati.
    Associated Press

  • President Donald Trump and first lady Melania Trump pause as they walk to Marine One across the South Lawn of the White House in Washington, Monday, Feb. 5, 2018, for the short trip to Andrews Air Force Base en route to Ohio.

    President Donald Trump and first lady Melania Trump pause as they walk to Marine One across the South Lawn of the White House in Washington, Monday, Feb. 5, 2018, for the short trip to Andrews Air Force Base en route to Ohio.
    Associated Press

 
 

WASHINGTON -- 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.

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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.

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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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