When Foreign Companies Are Making, Not Killing, U.S. Jobs
A great investment in American manufacturing!"
Toyota & Mazda to build a new $1.6B plant here in the U.S.A. and create 4K new American jobs.
And after two Japanese carmakers announced on Friday a joint decision to build an assembly plant, he tweeted:
"Toyota & Mazda to build a new $1.6B plant here in the U.S.A. and create 4K new American jobs.
"And I don’t know exactly what the policies will be." Pushing to rewrite his predecessors’ free-trade approach, Mr. Trump has reopened the North American Free Trade Agreement with Mexico
and Canada, threatened tariffs and quotas on steel imports, moved to revise a trade agreement with South Korea and signaled his support of American businesses by declaring a "Made in America" Week.
At the same time, the president has cited the jobs foreign businesses can bring, announcing at the White House recently
that the Taiwanese electronics supplier Foxconn would create at least 3,000 jobs with the help of hefty tax credits at a new plant planned for Wisconsin.
I’m making a living." Tennessee, which actively courts firms from abroad, ranks first in the nation in jobs created by foreign-owned companies, according to the State Economic
and Community Development Department: 136,000 workers at 931 foreign-based businesses.
Wacker Polysilicon North America, a German company, employed 650 people full time in its Bradley County
plant after investing $2.5 billion — the largest private investment in the state’s history.
Volkswagen, which made this spot its North American manufacturing headquarters, now employs more than 3,200 people at the plant it opened in 2011.