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How would President Trump stop a business from moving overseas?
American Thinker ^ | April 28, 2016 | Silvio Canto

Posted on 04/28/2016 4:57:07 AM PDT by expat_panama

Let me agree with Mr. Trump, and supporters, that it's a very bad idea for U.S. companies to move overseas and take those jobs elsewhere.

I have personally seen the consequences of these moves in Mexico.

You can see all of these companies in the industrial sectors of Monterrey, Queretaro, Tijuana, and other Mexican cities.

They are down there hiring Mexicans, from floor sweepers to engineers to lots of people with university degrees. They are hiring professionals from the top schools south of the border.

Again, I don't like it but what can a U.S. president really do about it? What legal authority does a U.S. president have...

...the reasons that US companies move to Mexico. This is the one that caught my attention:

Duty-free imports, tax credits & incentives: maquiladoras operate in free trade zones, enabling companies to import materials and equipment without paying taxes or duties, then re-exporting finished products.

The Mexican government also offers a variety of incentives, from capital equipment grants and help with infrastructure to real estate grants, the Aerospace Training Center in Querétaro and tax credits.

How does a U.S. president stop this? He can't unilaterally, no matter how much pressure he puts on the executives not to make the move.

Furthermore, renegotiating NAFTA would mean undoing the economic infrastructure that ties Mexico, Canada, and the U.S. It would likely mean that Congress...

...Trump is raising a lot of expectations rather than proposing solutions to fix the problem of jobs going overseas.

Again, I hate jobs going overseas as much as Trump. At the same, all I've heard so far are slogans rather than solutions. In other words, this is a lot more complicated than we've heard from Mr. Trump. d from Mr. Trump.

(Excerpt) Read more at americanthinker.com ...


TOPICS: Business/Economy; News/Current Events; Politics/Elections
KEYWORDS: economy; investing; trump
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To: ConservativeWarrior
Or you make the US economic environment unfavorable enough to foreign producers that they can’t afford to dominate our market.

This is a big-government solution that relies on financial repression.

The conservative solution is to reduce the barriers and burdens that prevent Americans from creating wealth.

Your countrymen can't compete because Big Government is sitting on their backs.

The solution is to get Government off their backs. Not to make it bigger.

61 posted on 04/28/2016 5:38:53 AM PDT by agere_contra (Hamas has dug miles of tunnels - but no bomb-shelters.)
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To: Alberta's Child

Probably because that would bema simple solution that wouldn’t createma bigger government and line politicians’ pockets.


62 posted on 04/28/2016 5:39:00 AM PDT by Redleg Duke (Remember...after the primaries, we better still be on the same team!)
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To: SoothingDave

I wish I could. It just annoys most people.


63 posted on 04/28/2016 5:40:35 AM PDT by Tax-chick (The kitten's name is Bonkers.)
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To: VitacoreVision

You create the economic environment so favorable that companies don’t want to leave.
____________________________________-

Exactly.

The problem with media people is that they are always there to tell you everything is impossible and won’t work. They are 100% that way. They are never on the problem solving side.

I am sure Trump has a way to do it. First though you have to want to solve the problem not like these media leaches who tell you everything is impossible.


64 posted on 04/28/2016 5:41:18 AM PDT by GilGil
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To: RFEngineer

“If you must have regulation, then make sure it applies equally to imports, at least from a price impact perspective.”

Slap a tariff on them increasing the price as if they were paying their employees $15/hour and conforming with all the taxes and regulations that American businesses must deal with. I think I’m joking.


65 posted on 04/28/2016 5:41:43 AM PDT by PLMerite (Compromise is Surrender: The Revolution...will not be kind.)
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To: Alberta's Child

Maybe they can ramp up charges of “discrimination” and coerce dealers to give loans to people who can’t afford them.

And adding safety mandates on top of CAFE ones only makes cars more expensive, too.


66 posted on 04/28/2016 5:43:40 AM PDT by SoothingDave
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To: expat_panama

1. Withdraw from NAFTA
2. 100% full interior inspection of all railroad and truck containers as they enter the USA.
3. Inside the USA, reduce taxes, regulation, pro-union rules...
4. Consider modest import tariff to account for lower environmental and labor standards in Mexico (yes, I realize this would raise consumer prices but we have to get revenue somewhere and I would prefer to get it in ways that increase American jobs rather than from income taxes, for example)


67 posted on 04/28/2016 5:43:48 AM PDT by Stingray51
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To: expat_panama

Manufacturing = factories = production = wealth creation = wealth.

China stole most of the USA’s manufacturing, factories, and so our wealth.

Trump said it’s the greatest theft in history what china did to thee USA

get back to the industrial age bring back the factories


68 posted on 04/28/2016 5:46:08 AM PDT by Democrat_media ( Only Trump will stop TPP and China and the sociialist illegals' invasion of the USA w Wall!)
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To: agere_contra; expat_panama
The author is either ignorant of the Foreign Trade Zones (FTZ) established in the USA to offset Smoot-Hawley, or has an agenda. I suspect the latter.

The provisions of the original FTZ have evolved to the point where Foreign Traders has established the equivalent of Mexican maquiladores with our borders allowing huge benefits to foreign corporations.

For a list of FTZ see the following link.

Enforcement - U.S. FOREIGN-TRADE ZONES

For more detaile information. of history, duty and tariff avoidances, and operation details, see the following Wiki article

Foreign-trade zones of the United States

69 posted on 04/28/2016 5:46:17 AM PDT by Covenantor (Men are ruled...by liars who refuse them news, and by fools who cannot govern. " Chesterton)
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To: taildragger

As I was scrolling through the responses, I was thinking EPA. They had a big hand in reducing the amount of manufacturing here, especially smaller businesses..plating, solar panels, etc. The other impact, healthcare, is disastrous to small businesses. Your proposals are good ones.


70 posted on 04/28/2016 5:48:25 AM PDT by SueRae (An election like no other..)
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To: SaraJohnson

Yet PayPal will do business in Muslim countries where they throw gays off the roof.


71 posted on 04/28/2016 5:50:33 AM PDT by Rusty0604
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To: Rusty0604

Right. They are just big fat bullies. I want someone to kick them in the teeth.


72 posted on 04/28/2016 5:51:49 AM PDT by SaraJohnson
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To: PLMerite

“Slap a tariff on them increasing the price as if they were paying their employees $15/hour and conforming with all the taxes and regulations that American businesses must deal with”

If regulation is a good idea here, then it must be a good idea everywhere else, right? So make offshore manufacturing centers pay as if they had to comply with environmental, labor laws as they exist in the US. Let’s add the new “transgendered bathroom” regulations that without a doubt are soon to become part of every employers regulatory obligation.


73 posted on 04/28/2016 5:53:41 AM PDT by RFEngineer
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To: Rebelbase

One year I looked for made in America toys for Christmas. I found a few things, but they were expensive and not what my grandkids wanted.


74 posted on 04/28/2016 5:56:42 AM PDT by Rusty0604
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To: expat_panama

He doesn’t manufacture clothing for his own brand in America, who do you think he’ll make other companies do it?


75 posted on 04/28/2016 5:57:20 AM PDT by chae (The Lannisters send their regards--Game of Thrones)
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To: agere_contra

“The solution is to get Government off their backs. Not to make it bigger.”

___________________________________

I agree that government regulation needs to be reduced. But given our basic employment laws, we just can’t compete with nations who pay slave wages.

Yes, the unions and excessive government taxes need to go away. But we also need to balance the international playing field a bit.


76 posted on 04/28/2016 5:58:11 AM PDT by ConservativeWarrior (Fall down 7 times, stand up 8. - Japanese proverb)
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To: Covenantor

Good example. FTZs are so lucrative because they are bubbles of lowered Government burden.

Imagine what a proper economic freedom zone would be like. Right to work, no Corporation tax, no minimum wage, no Obamacare, a defanged EPA, etc etc.

Right now the only places that allow that kind of economic freedom are other countries. A government-free zone in the US would blossom like a hundred Hong Kongs.


77 posted on 04/28/2016 5:59:54 AM PDT by agere_contra (Hamas has dug miles of tunnels - but no bomb-shelters.)
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To: expat_panama

I would tax the companies that employ the workers zero per year, other than services provided.

People should pay taxes, not the corporations that employ them. Then deport the people that don’t pay taxes.


78 posted on 04/28/2016 6:01:33 AM PDT by Beagle8U (Giggles the pig for POTUS - 2016)
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To: Tupelo
>>Same as Ronald Reagan did when he saved Harley Davidson

Harley was saved, but what was the impact on consumers? US motorcycle sales dropped from just over 800,000 units in 1983 to about 550,000 units in 1987. The average price of a Harley went from about $6,000 in 1983 to about $8,000 in 1987. How happy are consumers going to be when there weekly trips to Walmart cost them an additional 25%?
79 posted on 04/28/2016 6:03:20 AM PDT by oincobx
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To: central_va
I don’t hear the globalist corporation crying over regulations

Large corporations love regulations that they can comply with but keep out the riff-raff competition.

80 posted on 04/28/2016 6:05:24 AM PDT by AndyJackson
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