Trump to Global businesses: Manufacture in America or face tariffs
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In a tweet on Thursday, the former president promised an enticing tax environment for companies that choose to manufacture domestically, while warning of tariffs for those who opt to produce abroad.
President Donald J. Trump has issued a strong call to global businesses, urging them to relocate their production to the United States.
In a tweet on Thursday, the former president promised an enticing tax environment for companies that choose to manufacture domestically, while warning of tariffs for those who opt to produce abroad.
“My message to every business in the world is very simple,” Trump tweeted.
“Come make your product in America, and we will give you among the lowest taxes of any nation on earth. But if you don’t make your product in America, you will have to pay a tariff,” he warned.
The statement underscores Trump’s longstanding “America First” economic approach, which prioritises boosting domestic manufacturing, reducing reliance on foreign production, and imposing trade barriers to encourage local investment.
The message is expected to resonate with his supporters and aligns with his previous economic policies, such as renegotiating trade deals and offering tax incentives to American manufacturers.
However, it may also draw criticism from advocates of free trade, who argue that tariffs could lead to higher costs for consumers and disrupt global supply chains.
Trump’s tweet has already sparked conversations among industry leaders and policymakers, as businesses around the world weigh the potential benefits of U.S. tax cuts against the risk of higher tariffs.
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