The regulatory rollback has begun. On the campaign trail, President Donald Trump vowed to overturn “job-killing regulations” enacted by the Obama administration. To his credit, he is now following through.

WASHINGTON—President Donald Trump signed an executive order April 29 establishing a new White House Office of Trade and Manufacturing Policy (OTMP). The mission of the OTMP is to defend and serve American workers and domestic manufacturers while advising the president on policies to increase economic growth, decrease the trade deficit, and strengthen the U.S. manufacturing and defense industrial bases.

WASHINGTON—President Donald Trump ordered on Friday a comprehensive study to identify every form of “trade abuse” that contributes to U.S. deficits with foreign countries. “The theft of American prosperity will end,” Trump said at an Oval Office ceremony announcing the study, along with another directive to step up enforcement of existing trade penalties.

Lumps of coal go to Donald Trump and Hillary Clinton for giving us a choice between Scylla and Charybdis. An extra lump goes to The Donald for running a campaign that set new lows in civil political discourse.

Our government could do a lot more to level the playing field for manufacturing. While the Reshoring Initiative does not support individual candidates, we do recommend policies that will bring manufacturing back from offshore, and we try to document candidate positions on these issues.

In a strange twist to what has already been a strange and tumultuous presidential campaign season, leading Democratic can-didate Hillary Clinton and leading Republican candidate Donald Trump actually agree on an issue. Sort of.

DETROIT—Republican presidential candidate Donald Trump slammed Ford Motor Co.’s plans to invest $2.5 billion in Mexican assembly plants and vowed to tax any vehicles made there.