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US-CHINA-ECONOMY-FOXCONN
Trump hails ‘America First’ at Wisconsin plant site
MOUNT PLEASANT, United States, June 29, 2018 (BSS/AFP) – US President
Donald Trump hailed his “America First” economic policies on Thursday,
claiming credit in Wisconsin for a massive plant opening with foreign
investment.
“Moments ago we broke ground on a plant that will provide jobs for much
more than 13,000 Wisconsin workers,” he said at a ceremony celebrating the
inauguration of Taiwan electronics giant Foxconn’s new factory.
“This is just the beginning. This is one of the largest plants in the
world.”
Trump said his policies to lower taxes and reduce regulatory red tape have
made the US economy more attractive to business investment.
“Today we see the results of the pro-American agenda, America first,”
Trump said of the multi-billion dollar Foxconn investment.
The company will build large television displays at the factory in Mount
Pleasant, Wisconsin, a state Trump won in the presidential election in
November 2016.
Trump has used the project, which has benefited from huge tax incentives,
as a symbol of US industrial renewal.
But that message is undercut by the recent announcement by Harley-
Davidson, an iconic American brand headquartered a few miles (kilometers)
away, also in Wisconsin.
The motorcycle manufacturer this week announced plans to shift some
production overseas to get around European tariffs imposed in retaliation for
US duties on steel and aluminum.
Trump has lambasted the company since the announcement.
“Harley-Davidson should stay 100% in America, with the people that got you
your success,” Trump tweeted on Wednesday. “We won’t forget, and neither will
your customers or your now very HAPPY competitors!”
BSS/AFP/HR/0950