Close X
Thursday, December 26, 2024
ADVT 
International

US Firms Going Abroad Can't Say 'Bye-Bye And Fire Everybody', Warns Donald Trump

Darpan News Desk IANS, 11 Feb, 2017 02:08 PM
    In his weekly address to the nation, Donald Trump also said that he is working on a major tax reform which would massively reduce taxes of American workers and businesses.
     
    US President Donald Trump has warned of "consequences" to American companies planning to shift base abroad, telling them that he would make it "harder" for them to just say "bye-bye and fire everybody."
     
    In his weekly address to the nation, Trump also said that he is working on a major tax reform which would massively reduce taxes of American workers and businesses.
     
    "We are in the process right now of working on a major tax reform that will massively reduce taxes on our workers and businesses," Trump said yesterday.  
     
    "We want to make it much easier to do business in America, and that's what we're going to do. We're going to make it also much harder for companies to leave. They're not just going to say bye-bye and fire everybody. There will be consequences," he said
     
    Trump said, he met the CEO of Intel (Brian Krzanich) this week, who announced that his company will invest $7 billion in a new manufacturing facility in Arizona, creating thousands of new American jobs.
     
     
    "That's what we want, new American jobs and good jobs. Intel decided to move forward with this project because they know we are totally committed to lifting the regulatory and tax burdens that are hurting American innovation and companies," he said.
     
    Trump said he want America to be the greatest jobs magnet of the world.
     
    "But we can't do that if we don't stop the wasteful rules and excessive taxes that make it impossible for companies to compete," he said.
     
    Every hour of every day, his administration is focused on creating jobs for people, Trump said.
     
    "I mean good jobs. More jobs, better jobs, higher paying jobs, that's our mission," he said.
     
    Referring to his meeting with sheriffs and police chiefs from across the country, Trump said his administration is committed to national security, which is why he will continue to fight to take all necessary and legal action to keep terrorists, radical and dangerous extremists from ever entering the country.
     
    "We will not allow our generous system of immigration to be turned against us as a tool for terrorism and truly bad people We must take firm steps today to ensure that we are safe tomorrow," Trump said.
     
    "We will defend our country, protect our Constitution and deliver real prosperity for our people," he said.

    MORE International ARTICLES

    Woman Says 'Justice' In Sexual Assault Case Came At Personal Cost

    Woman Says 'Justice' In Sexual Assault Case Came At Personal Cost
    While the 22-year-old Nova Scotia woman says ultimately "justice was served" by the courts, she maintains it came at such a personal cost she would have been better off had she never gone to the authorities.

    Woman Says 'Justice' In Sexual Assault Case Came At Personal Cost

    Quebec Student Athlete Says He Was Denied Entry To The United States

    Quebec Student Athlete Says He Was Denied Entry To The United States
    Yassine Aber, 19, was denied entry to the United States on Thursday. The Canadian-born athlete faced questions about his place of birth, his parents and countries he's visited recently. 

    Quebec Student Athlete Says He Was Denied Entry To The United States

    India Will Be World's Fastest Growing Economy In 5 Years: Top US Think Tank

    India Will Be World's Fastest Growing Economy In 5 Years: Top US Think Tank
    Pakistan, unable to match India's economic prowess, will seek other methods to maintain even a semblance of balance

    India Will Be World's Fastest Growing Economy In 5 Years: Top US Think Tank

    One Dead, Five In Hospital After Fire At Toronto Community Housing Building

    One Dead, Five In Hospital After Fire At Toronto Community Housing Building
    Toronto's fire chief says one person died and five others were taken to hospital after a fire at a downtown community housing building on Thursday evening.

    One Dead, Five In Hospital After Fire At Toronto Community Housing Building

    H1B Visa Changes: External Affairs Ministry Says Engaged With US on Issue

    H1B Visa Changes: External Affairs Ministry Says Engaged With US on Issue
    India on Thursday said it is engaged with the Donald Trump administration as well as members of the US Congress on concerns regarding the H1B visa issue, amidst apprehension that there may be a clamp down on it which can hurt Indian IT industry.

    H1B Visa Changes: External Affairs Ministry Says Engaged With US on Issue

    Pakistani Woman Gunned Down By Relative For Working

    Pakistani Woman Gunned Down By Relative For Working
    A woman was gunned down in Kohat's Astarzai area last Friday allegedly by a relative who objected to her working outside the home, police said.

    Pakistani Woman Gunned Down By Relative For Working

    PrevNext