US President Donald Trump told world business leaders on Thursday to manufacture in the United States or face tariffs, in his first major speech to global leaders since returning to the White House this week. … “Come make your product in America and we will give you among the lowest taxes of any nation on earth,” Trump said today, speaking remotely to the World Economic Forum (WEF) in Davos, Switzerland.

“But if you don’t make your product in America, which is your prerogative, then very simply you will have to pay a tariff,” he added.

    • @[email protected]
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      932 months ago

      Yup

      Make your products in the USA or force my constituents to pay inflated prices for everything.

      wait

      • Mayor Poopington
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        342 months ago

        Either he’s an idiot or he thinks everyone listening to him are idiots and I can’t decide what’s worse.

        • @[email protected]
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          2 months ago
          • Trump’s degree is in economics.

          • A lot of people who support Trump are worried about having low-skill jobs in areas that the US is not competitive in that pay well in the US, which is hard if they have to compete with the rest of the world.

          You may come to your own conclusions.

      • @[email protected]
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        162 months ago

        Hey, there is another option. Corporations could illegally decide to absorb the cost of the labour and tank their share prices.

        I’m not quite sure which option would implode the economy faster, but it would be a neat experiment.

    • @[email protected]
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      142 months ago

      I mean, he just threatened them on Russia despite our trade being nearly nonexistent with Russia for the past three years. So yeah.