so they're going to spend all that money to build products that nobody can afford... is that it? guess i missed that in EC-101
Posted on 01/22/2017 10:53:57 AM PST by Hojczyk
Foxconn, the world's largest contract electronics maker, is considering setting up a display-making plant in the United States in an investment that would exceed $7 billion, company chairman and chief executive Terry Gou said on Sunday.
The plans come after U.S. President Donald Trump pledged to put "America First" in his inauguration speech on Friday, prompting Gou to warn about the rise of protectionism and a trend for politics to underpin economic development.
Foxconn's proposal to build a display plant, which would be planned with its Sharp Corp <6753.T> unit, depend on many factors, such as investment conditions, that would have to be negotiated at the U.S. state and federal levels, Gou told reporters on the sidelines of a company event.
Gou said that Foxconn, formally known as Hon Hai Precision Industry Co <2317.TW>, had been considering such a move for years but the issue came up when Foxconn business partner Masayoshi Son, head of Japan's SoftBank Group Corp <9984.T>, talked to Gou before a December meeting Son had with Trump.
As a result of the meeting, Son pledged a $50 billion of investment in the United States and inadvertently disclosed information showing Foxconn's logo and an unspecified additional $7 billion investment. At the time, Foxconn issued a brief statement saying it was in preliminary discussions to expand its U.S. operations, without elaborating.
(Excerpt) Read more at yahoo.com ...
Praise GOD, AMERICA is shining brighter and brighter as the GO TO country for investment. MAGA
Whats with this America first crap, free trade is first, Apple products will be $10,000., you Trump groupies needs to educate yourselves, this isn’t how Reagon would have done it.
So..., much..., WINNING!
NeverTrump?
Ah ha ha ha ha ha ha... ha ha ha ha ha ha ha...
Bwa ha ha ha ha ha ha ha ha ha...
Aww, you poor thing. I’ll bet you’re perpetually this stupid.
Either you are being sarcastic, or you have a rudimentary understanding of economics.
Those are not mutually exclusive concepts...
The rest of your post is too silly to comment on...
President Reagan was a great president and leader for his time, just as Washington, Jefferson, Jackson, Lincoln, TR, Harding, Coolidge, and Eisenhower were. They are all gone now, a part of history. The present belongs to President Trump.
It’s called MOCK or sarcasm. I thought you would have figured that out or maybe you don’t listen to talk radio.
Guys like the Red Eye guys and Mark Levin have been saying this over the past YEAR and basically everything they have been saying has been wrong.
Next time try adding the “/s” tag for sarcasm
so they're going to spend all that money to build products that nobody can afford... is that it? guess i missed that in EC-101
We aren’t on fair ground with China, hence we need to regulate our trade. We need to give incentive to our companies to not outsource, such as taxing them more for moving industry out. Free trade isn’t anarchy, there are regulations to ensure the fairness.
The /s would have been redundant but I will add it for the slow people next time. smh.
Well..., it would help if you put an “/s” after your comments.
I don’t follow you on the forum and I don’t know you well enough to know when you’re lampooning folks or not.
I appreciate the explanation, and I retract my reaction to your post #3 above.
It’s going to be fun to see how all of the unions who opposed free trade and opposed Trump are going to respond to this.
Go Trump
And NOT ONE of these companies President Trump is encouraging to expand in the US will be Going to California!! I hope this godforsaken state is Bankrupt by this time next year as they watch the world go by in their tie died shirts and rose colored glasses with their precious jade eggs up their vagina’s.
The libertarian free traders over at Cato would be aghast to see you praising him.
“It’s called MOCK or sarcasm. I thought you would have figured that out or maybe you don’t listen to talk radio.”
Sorry, I took your post to be serious— you did a good job of mimicking standard libertarian dogma.
Ending a post with /sarc or /s can prevent confusion among your readers
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