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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: PLMerite
companies do go offshore to escape onerous regulations and taxes. Is not one of the purposes of tariffs to offset this “unfair advantage”

A lot of folks can't see that a tariff is a tax on imports.  It's stupid to tax into unemployment American factory workers who were making goods from imported raw materials.

101 posted on 04/28/2016 6:54:01 AM PDT by expat_panama
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To: expat_panama

Things we could look into......

Heavy-handed regulations on the part of EPA, OSHA, and the IRS.......Obamacare, labor unions, minimum wage-prevailing wage laws, double taxation of foreign profits, racial and gender quotas, legal hamstringing of employment application processes, affirmative action........phew.......

....high corporate income taxes, irrational product liability court decisions, entrenched subsidies to favored industries, Dodd-Frank, Sarbanes-Oxley, the massive anti-capitalist funds supporting the nullification of commercial progress in the name of a hoax and NIMBY anti-construction movements in the country using the same deliberately fraudulent science.......

.....an inhospitable legal climate from sheer complexity resulting in needless consolidation, a reduction in competition, and a stifling of market entry...

.....incoherent energy policy....ok, I’m done.

Term limits and the ditching of the income tax in favor of a national sales tax would fix most of these things over time, one can dream.


102 posted on 04/28/2016 6:54:58 AM PDT by wayoverontheright (A falling camel attracts many knives.......)
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To: raybbr

He’ll work with Congress, of course. He’s the consummate deal maker. And he’s willing to expose the traitors that want to keep the status quo. I have no doubt he’ll name names and give out phone numbers of congressmen that block legislation that is popular with the people.


103 posted on 04/28/2016 6:57:47 AM PDT by CottonBall
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To: oincobx

I think, a closer look at ALL motorcycle sales between 1983 and 1990 will show a nationwide slump in sales. Many dealers were pushing new unsold two to four models at very reduced prices in order to clear the inventory.


104 posted on 04/28/2016 7:00:54 AM PDT by Tupelo (we vote - THEY decide.)
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To: expat_panama

“It’s stupid to tax into unemployment American factory workers who were making goods from imported raw materials. “

Then don’t tax imported raw materials. I’m not advocating taxes or tariffs on anything, only pointing out the rationale behind it, at least the way I understand it.


105 posted on 04/28/2016 7:08:18 AM PDT by PLMerite (Compromise is Surrender: The Revolution...will not be kind.)
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To: expat_panama

by putting the proposal in front of Americans to jump all over their reps to act...

give MADE IN AMERICA priority in government purchases
no governemnt purchases of foreign made goods
FOR STARTERS

pass a LAW that requires businesses to pay workers laid off when jobs are shipped offshore 100% of the current salary for 10 years..... YEAH THAT WILL STOP THEM cold.......

eliminate H1B visas
the idea that there are no qualified Americans is false..
however H1B labor will work for less money...

MULTINATIONALS ARE NOT LOYAL TO THE USA NOR ITS CITIZENS...
THEY JUST DOMECILE HERE FOR SAFETY AND CONVENIENCE...
THEY ANSWER TO SHAREHOLDERS AND THE BOTTOM LINE...

REDUCE TAXES HERE TO 12% ON CORPS AND REDUCE INCOME TAXES ON INDIVIDUALS TO 5%


106 posted on 04/28/2016 7:10:48 AM PDT by zzwhale
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To: stig
There is the bully pulpit you call out the CEO in a press conference to explain himself. Then you keep beating up on the company until no one in their right mind wants their product.

And keep that boot on their neck until they prove their loyalty.

107 posted on 04/28/2016 7:36:44 AM PDT by SoothingDave
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To: Buckeye McFrog
He would start by giving out the CEO’s home address and cell phone number in a nationally televised address.

And all the board members and senior executive. People should be afraid to go against the will of the president.

108 posted on 04/28/2016 7:37:40 AM PDT by SoothingDave
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To: mtrott

It’s what he did to Lindsey Graham.

Seriously, if POTUS uses the bully pulpit to rail against this, companies are going to think twice.


109 posted on 04/28/2016 7:45:59 AM PDT by Buckeye McFrog
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To: SoothingDave
People should be afraid to go against the will of the president.

We have a name for those kind of republics.

110 posted on 04/28/2016 7:51:47 AM PDT by agere_contra (Hamas has dug miles of tunnels - but no bomb-shelters.)
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To: Tupelo

The sales number cited was for all US motorcycle sales. So while Harley and some manufacturing jobs were saved, there were 100,000s of folks who were not able to purchase a new motorcycle. Thise that did buy one, had to pay a higher price. Just pointing out that there are secondary impacts in efforts to bring back jobs via tariffs.


111 posted on 04/28/2016 8:01:20 AM PDT by oincobx
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To: central_va

We have a truly global economy with imports from all over

you choose to isolate us from the world and the benefits therein

Trump is blowing smoke knowing that the tariffs you propose must be legislated.

He will achieve his ends by other means.


112 posted on 04/28/2016 8:02:30 AM PDT by Thibodeaux (leading from behind is following)
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To: expat_panama

The first step in doing anything is the will to do it!

Where there is a will eventually there’s a way.

And if Trump has anything, it is will.

So far that will has been totally absent.


113 posted on 04/28/2016 8:03:44 AM PDT by aquila48
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To: expat_panama

He can do it if their customer base is primarily the USA only.


114 posted on 04/28/2016 8:05:22 AM PDT by A CA Guy (God Bless America, God Bless and keep safe our fighting men and women.)
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To: oincobx
Just pointing out that there are secondary impacts in efforts to bring back jobs via tariffs.

Those costs are easy to illustrate, and there is no denying that they are real.

However, there are real costs associated with not having tariffs also, and they are far more difficult to measure and illustrate. They are also far higher than the tariff costs.

Trump is doing a good job of illustrating those horrendously high costs.

Our country will fail if those illustrations aren't successful.

115 posted on 04/28/2016 8:07:29 AM PDT by Balding_Eagle ( The Great Wall of Trump ---- 100% sealing of the border. Coming soon.)
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To: agere_contra
We have a name for those kind of republics.

"Winners"

116 posted on 04/28/2016 8:19:01 AM PDT by SoothingDave
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To: Thibodeaux

Trust me - other countries will still want to sell to us... The United States doesn’t need to play the role of ‘abused wife’ in the world. We can have pride again.


117 posted on 04/28/2016 8:25:24 AM PDT by GOPJ (Under Cruz every home will have a basketball ring, football net and a hockey glove- Willie Robertson)
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To: GOPJ

Great post!


118 posted on 04/28/2016 8:26:52 AM PDT by nascarnation
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To: expat_panama

One BIG incentive, force them to take their corporate offices along for the ride. You like it so much, join your slave labor. Then? Put a massive tariff on every product they plan on sending back to our shores. You people act like this is rocket surgery. You want America’s protection over your brand, you can keep your brand in America. You too can be an expat_!


119 posted on 04/28/2016 8:30:27 AM PDT by BlackbirdSST (Trump 1237/2016! The (R) Nominee!)
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To: expat_panama

Trump will look at NAFTA and the other rip-off ‘trade deals’ and he’ll undo them...


120 posted on 04/28/2016 8:31:51 AM PDT by GOPJ (Under Cruz every home will have a basketball ring, football net and a hockey glove- Willie Robertson)
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