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Author
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Topic: Offshore Businesses Preparing To Move Out Of China
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Randall
Webmaster Posts: 195660
From: I hold a Juris Doctorate (J.D.) and a Legum Magister (LL.M.)!
Registered: Apr 2009
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posted November 15, 2024 02:20 PM
  
The latest is a major arms manufacturer. They are also hiring 125 new workers. The tariff threat was the reason. However, the markets are now responding positively to the tariffs (they didn't like the idea at first). The markets are rallying upward because of the 6 percent tax cut to 15 percent. It's a carrot and a stick approach. Tax cut or tariff? IP: Logged |
Dhyana
Knowflake Posts: 3185
From: US
Registered: Sep 2019
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posted November 15, 2024 10:42 PM
Back to the U.S., thereby creating jobs for Americans?IP: Logged |
Randall
Webmaster Posts: 195660
From: I hold a Juris Doctorate (J.D.) and a Legum Magister (LL.M.)!
Registered: Apr 2009
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posted November 15, 2024 11:53 PM
Yes, all of those are new jobs for Americans!IP: Logged |
Dhyana
Knowflake Posts: 3185
From: US
Registered: Sep 2019
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posted November 16, 2024 11:03 AM
I wonder if possible Treasury Secretary, Scott Bessent, had something to do with Wall Street's turnaround on tariffs. Interesting.IP: Logged |
Randall
Webmaster Posts: 195660
From: I hold a Juris Doctorate (J.D.) and a Legum Magister (LL.M.)!
Registered: Apr 2009
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posted November 16, 2024 06:39 PM
Ah, you may be on to something there!IP: Logged |
Lindaland
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