Close X
Thursday, November 28, 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-Americans Get 1% Representation In US Congress: Forbes

    Indian-Americans Get 1% Representation In US Congress: Forbes
    Indian Americans, who comprise around one per cent of the US population, now for the first-time ever also make up one per cent of the US Congress.

    Indian-Americans Get 1% Representation In US Congress: Forbes

    Microsoft's Satya Nadella Not Nervous Of Donald Trump

    US President-elect Donald Trump does not make India-born Microsoft CEO Satya Nadella nervous, and he is confident about the tech giant's place as a job creator.

    Microsoft's Satya Nadella Not Nervous Of Donald Trump

    Malaysia Lifts Curbs On Hiring Foreign Workers In More Sectors

    Malaysia Lifts Curbs On Hiring Foreign Workers In More Sectors
    Citing critical need for manpower and economic progress following dismal reception from locals, the Malaysian government has withdrawn curbs on hiring foreign workers for two industries on Tuesday, a newspaper here reported.

    Malaysia Lifts Curbs On Hiring Foreign Workers In More Sectors

    Very Important Lessons Learnt From Devyani Khobragade Incident: US

    Very Important Lessons Learnt From Devyani Khobragade Incident: US
    The Indo-US diplomatic crisis that erupted in 2013 with the arrest of woman diplomat Devyani Khobragade was not only a "low point" in ties but both sides learnt "very important lessons" from it, a top official of the outgoing Obama administration has said.

    Very Important Lessons Learnt From Devyani Khobragade Incident: US

    German Passport World's Strongest, India Ranks Ahead Of China

    German Passport World's Strongest, India Ranks Ahead Of China
    India stands at 78th position with a visa-free score of 46, ahead of China and Pakistan which are ranked 58th and 94th on the list respectively.

    German Passport World's Strongest, India Ranks Ahead Of China

    Will Overcome Chinese Hurdle Eventually, Says US, On India's NSG Membership

    Will Overcome Chinese Hurdle Eventually, Says US, On India's NSG Membership
    Mr Verma said President Barack Obama, Secretary of State John Kerry and a lot of other people had worked in pushing India's membership to the elite Nuclear Suppliers Group and that the United States will continue to work on it.

    Will Overcome Chinese Hurdle Eventually, Says US, On India's NSG Membership