Close X
Monday, November 25, 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

    Indian Diaspora Seeks Modi's Help Over Demonetised Currency

    Indian Diaspora Seeks Modi's Help Over Demonetised Currency
    The Global Organisation of People of Indian Origin (GOPIO) has pointed out to Prime Minister Narendra Modi that diaspora Indians are being turned away by the RBI from depositing 

    Indian Diaspora Seeks Modi's Help Over Demonetised Currency

    Chasing Cricket Ball, 6-Year-Old Falls Into Sewer, Dies In Delhi

    Chasing Cricket Ball, 6-Year-Old Falls Into Sewer, Dies In Delhi
    In a tragic incident, a six-year- old boy died after he fell and drowned into a sewer while chasing his cricket ball in south Delhi's Malviya Nagar on Thursday, police said.

    Chasing Cricket Ball, 6-Year-Old Falls Into Sewer, Dies In Delhi

    Small Plane With Student And Instructor Crashes Near Airport In Duncan, B.C.

    An instructor and a student have survived a small plane crash just north of the airport in Duncan, B.C.

    Small Plane With Student And Instructor Crashes Near Airport In Duncan, B.C.

    Local Prosecutor Rupen R. Shah Becomes First Indian-American Judge In Virginia

    Local Prosecutor Rupen R. Shah Becomes First Indian-American Judge In Virginia
    Rupen R. Shah, who is currently the Chief Deputy of Augusta County Commonwealth in Virginia, has become the first Indian American judge to be elected the southeastern US state.

    Local Prosecutor Rupen R. Shah Becomes First Indian-American Judge In Virginia

    New Legislation To Tighten H-1B Visas To Foreign Techies

    New Legislation To Tighten H-1B Visas To Foreign Techies
    We need programmes dedicated to putting American workers first. When skilled foreign workers are needed to meet the demands of our labour market, we must also ensure that visa applicants who honed their skills at American colleges 

    New Legislation To Tighten H-1B Visas To Foreign Techies

    We Resolved Tough Issues; No Place For Complacency: US Envoy Richard Verma's Parting Message

    We Resolved Tough Issues; No Place For Complacency: US Envoy Richard Verma's Parting Message
    A day before he demits office, US Ambassador to India Richard Verma, on Thursday underlined how the two countries resolved some "tough issues" during his tenure, including nuclear liability, even as he cautioned against being "complacent".

    We Resolved Tough Issues; No Place For Complacency: US Envoy Richard Verma's Parting Message