Thursday, November 24, 2016

This Is One Reason On Why Many In The U.S. Voted For Donald Trump

The Hill: Trump working on Thanksgiving: I'm 'making progress' to keep Carrier in US

Donald Trump said Thursday that he is making progress in his attempt to keep a Carrier air conditioning plant in Indianapolis open.

Carrier announced earlier this year it would move the factory to Monterrey, Mexico, eliminating 1,400 jobs by 2019.

On the campaign trail, Trump threatened to call executives at the company and hit them with high tariffs on any furnaces and air conditioners imported from Mexico.

“If they're going to fire all their people, move their plant to Mexico, build air conditioners, and think they're going to sell those air conditioners to the United States, there's going to be a tax,” he said in July.

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WNU Editor: I do not know if President-elect Trump will be successful in keeping this Indianapolis plant open in the U.S. .... but it does send a signal that his administration will be active in stopping this practice of closing plants within the U.S. only to have them reopen in other countries with cheaper wages/taxes/and an absent of regulations .... and then sending the same products back to the U.S.. This is what I call good politics and good policy ..... especially now. With interest rates slated to rise .... and with the U.S. dollar now starting to rise that will then make U.S. based companies noncompetitive against exporting countries who have a weak currency ..... this push to close U.S. plants and to relocate abroad is only going to grow.

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