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Trump vows to take jobs, factories from allies and China
The Straits Times
|September 26, 2024
lf elected, he plans to offer incentives to foreign manufacturers to relocate to US
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Donald Trump said on Sept 24 that he would seek to "take" manufacturing jobs from foreign countries, including US allies, if he wins the Nov 5 election, by offering incentives to encourage companies to relocate to the United States.
Trump promised a "manufacturing renaissance" as the centrepiece of his economic plan and said he would offer foreign companies low taxes and little regulation to entice them.
"We will take other countries' jobs," Trump said during a speech to supporters in Savannah, Georgia, which has one of the largest ports in the US and is a car manufacturing hub. "We're going to take their factories."
The Republican presidential candidate said a vote for him would result in a "mass exodus" of manufacturing companies from US allies South Korea and Germany, as well as economic rival China.
Trump's speech, his second major address on the economy this month, comes as he and Vice-President Kamala Harris, his Democratic opponent, vie to convince voters in battleground states like Georgia that they will be the best stewards of the US economy.
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