• President Donald Trump and NASA announced CapeWeek, a US space and aeronautics industry conference.
• The event aims to surpass major air shows abroad, starting in two years.
• CapeWeek will be held at Kennedy Space Center in Florida.
• The goal is to promote American power in space and aeronautics.

This announcement may indicate the US government's desire to reassert its dominance in the global space and aviation industry. The event could attract significant global business and investment, which suggests a potential boost to the US economy. However, it may also face competition from established events like the Paris Air Show.