Close X
Sunday, November 24, 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-American Puneet Ahluwalia To Run For Virginia House Of Delegates

    Indian-American Puneet Ahluwalia To Run For Virginia House Of Delegates
    Indian-American Republican leader from Virginia Puneet Ahluwalia is contesting for the state's House of Delegates for the 34th district against the incumbent Kathleen Murphy.

    Indian-American Puneet Ahluwalia To Run For Virginia House Of Delegates

    RBI Allows NRIs Access To Currency Derivatives Market

    RBI Allows NRIs Access To Currency Derivatives Market
    The Reserve Bank of India (RBI) has permitted non-residents Indians (NRIs) access to the exchange traded currency derivatives (ETCD) market to hedge currency risk arising out of their investments in India.

    RBI Allows NRIs Access To Currency Derivatives Market

    Indian-Aamerican Hotelier In US Guilty Of Underpaying Workers

    Indian-Aamerican Hotelier In US Guilty Of Underpaying Workers
    Indian-American hotelier, Chandubhai Patel, has been convicted in a scheme to underpay workers at two of his establishments, a federal prosecutor announced said.

    Indian-Aamerican Hotelier In US Guilty Of Underpaying Workers

    5 Indians Charged For Fraud In Singapore

    5 Indians Charged For Fraud In Singapore
    Five Indians here were charged with fraudulent Goods and Services Tax (GST) refund claims amounting to 167,253 Singapore dollars ($118,392) for jewellery they didn't buy, the media reported.

    5 Indians Charged For Fraud In Singapore

    French Soldier Shoots Attacker Outside Louvre In Paris

    French Soldier Shoots Attacker Outside Louvre In Paris
    A French soldier opened fire and seriously injured a suspected attacker near the Louvre museum in Paris on Friday, the interior ministry said.

    French Soldier Shoots Attacker Outside Louvre In Paris

    Donald Trump Administration Imposes Fresh Iran-Related Sanctions

    "Today's action is part of Treasury's ongoing efforts to counter Iranian malign activity abroad that is outside the scope of the JCPOA," Treasury said

    Donald Trump Administration Imposes Fresh Iran-Related Sanctions