The Small Business Administration provided some US$3 billion in funding for manufacturers last year[PHILADELPHIA] US officials on Monday (Aug 10) said they are working closely with foreign investors to identify gaps in the US manufacturing supply chain and to help small- and medium-sized businesses scale up to meet rising demand as foreign investments surge. Assistant Secretary of the Treasury Chris Pilkerton and Small Business Administrator Kelly Loeffler told Reuters that US President Donald Trump’s tariffs on foreign imports and deregulation were fuelling foreign investments in manufacturing, but it was critical to ensure components were also available. It has already invested more than US$200 million to upgrade the shipyard’s workforce, capabilities and capacity. The Trump administration was also trying to make reviews of foreign investments by the CFIUS more transparent and quicker, Pilkerton said. Treasury in July launched a new website to help companies, investors and their attorneys better understand how the panel evaluates potential foreign acquisitions and investments.