It's the body that is more honest! Saying made in America, manufacturing backflow, but turning around, Trump's financial backer is planning to close the factory in the United States and move the production line to China! On February 19th, according to AFP, Paulson, a major hedge fund billionaire and important financial backer of President Trump, plans to shut down the brass instrument factory located in Eastlake, Ohio, and transfer most of the production lines to China, with an estimated 150 employees being laid off.
When this news came out, it caused a big commotion in the United States. Because this person not only supported Trump before, but also openly criticized companies for moving jobs overseas and supported domestic manufacturing. American media criticized that Paulson has long boasted himself as a defender of domestic manufacturing, but now he personally moved job opportunities overseas, which is really unacceptable. Obviously, from this case, it is very clear that although Trump wants to bring manufacturing back to the United States, from the perspective of American companies, their behavior logic is obviously different from Trump's slogan.
Why are American companies willing to invest in China? Because China has a huge market, complete industrial chain, lower manufacturing and logistics costs, which makes American companies have to consider these practical conditions when making investment choices. The American companies' bodies are honestly rushing to China, which is the most realistic split between American capital and politicians. In a way, this is also a bucket of cold water for Trump. Obviously, the facts prove that making American manufacturing return is much more difficult than imagined.
Original: toutiao.com/article/1857512659433481/
Statement: This article represents the personal views of the author.