President Trump is working on legislation that would create new incentives for companies to keep jobs in the U.S. and punish those that move overseas, he said on Tuesday.

Precise details of the legislation could not be learned, and it’s unclear whether it is close to being introduced or still in the drafting stages. But Trump said it has been in the work for a while and kept under wraps.

“Economic-development incentives for companies,” Trump said in a Forbes interview published Tuesday. “Incentives for companies to be here.”

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