(The Guardian) Trump says he'll make American companies bring jobs back from overseas – or else
Donald Trump is onstage now in battleground state Georgia, where he’s told the crowd in Savannah that he will threaten American companies with tariffs if they don’t bring jobs back from overseas. “I want GE, IBM and every other manufacturer that left us to be filled with regret and come sprinting back to our shores, and they will,” Trump said.
His pitch to these companies was somewhat vague: So, as your president, here is the deal that I will be offering to every major company and manufacturer on Earth: I will give you the lowest taxes, the lowest energy costs and the lowest regulatory burden and free access to the best and biggest market on the planet, but only if you make your product here in America. It all goes away if you don’t make your product here and hire American workers for the job.
For companies that do not reshore positions, Trump said: If you don’t make your product here, then you will have to pay a tariff, a very substantial tariff, when you send your product into the United States. And by the way, you know, for years they knock the word. The word ‘tariff’, properly used, is a beautiful word, one of the most beautiful words I’ve ever heard. It’s music to my ears. A lot of bad people didn’t like that word, but now they’re finding out I was right, and we will take in hundreds of billions of dollars into our treasury and use that money to benefit the American citizens, and it will not cause inflation, by the way.
Trump makes clear that he believes tariffs as high as 200% on automakers will convince them to reopen factories in the United States. “I want those plants built here. And that will happen, in fact, when they learn about the 100 or 200% tariff, you know, they’ll probably say, Yeah, let’s stop construction immediately. You’ll see a big difference,” the former president said.
It’ll be just like the good ol days, Trump continued: I will bring automobile manufacturing back to the highest level in the history of our country. You know, it used to be, we were the only place, and then it just got chipped away, chipped away, mostly by China and Japan, and all of a sudden, we were down more than 55% from where we were years ago. But it’ll be like it was 50 years ago, and these jobs, they’ll become roaring back, and … we’re going to be making autos at a level that you’ve never seen before.
Donald Trump is onstage now in battleground state Georgia, where he’s told the crowd in Savannah that he will threaten American companies with tariffs if they don’t bring jobs back from overseas. “I want GE, IBM and every other manufacturer that left us to be filled with regret and come sprinting back to our shores, and they will,” Trump said.
His pitch to these companies was somewhat vague: So, as your president, here is the deal that I will be offering to every major company and manufacturer on Earth: I will give you the lowest taxes, the lowest energy costs and the lowest regulatory burden and free access to the best and biggest market on the planet, but only if you make your product here in America. It all goes away if you don’t make your product here and hire American workers for the job.
For companies that do not reshore positions, Trump said: If you don’t make your product here, then you will have to pay a tariff, a very substantial tariff, when you send your product into the United States. And by the way, you know, for years they knock the word. The word ‘tariff’, properly used, is a beautiful word, one of the most beautiful words I’ve ever heard. It’s music to my ears. A lot of bad people didn’t like that word, but now they’re finding out I was right, and we will take in hundreds of billions of dollars into our treasury and use that money to benefit the American citizens, and it will not cause inflation, by the way.
Trump makes clear that he believes tariffs as high as 200% on automakers will convince them to reopen factories in the United States. “I want those plants built here. And that will happen, in fact, when they learn about the 100 or 200% tariff, you know, they’ll probably say, Yeah, let’s stop construction immediately. You’ll see a big difference,” the former president said.
It’ll be just like the good ol days, Trump continued: I will bring automobile manufacturing back to the highest level in the history of our country. You know, it used to be, we were the only place, and then it just got chipped away, chipped away, mostly by China and Japan, and all of a sudden, we were down more than 55% from where we were years ago. But it’ll be like it was 50 years ago, and these jobs, they’ll become roaring back, and … we’re going to be making autos at a level that you’ve never seen before.
