LIVE: President Trump participates in a small business summit at the White House — 5/4/2026

Summary

President Trump delivered remarks at a National Small Business Week summit, highlighting tax cuts, tariffs, and deregulation as drivers of economic growth. He discussed the military operation against Iran, predicted a sharp decline in oil prices afterward, and touted record factory construction and manufacturing revival.

• Trump celebrated small businesses as the backbone of the economy and touted tax cuts.
• He claimed the stock market hit new highs despite the Iran operation.
• He predicted oil prices will drop substantially after the conflict ends.
• He emphasized tariffs as a tool to bring manufacturing back to the US.
• He noted record investment ($18 trillion) and factory construction.
• He discussed the reflecting pool repair as an example of cost efficiency.
• He honored small business award winners including a 3D printing company.