Companies leaving US will face 'consequences': Trump

December 2, 2016

Indianapolis, Dec 2: US President-elect Donald Trump has warned American firms wanting to relocate abroad that they will face punishment, as he announced a deal with air conditioning manufacturer Carrier to keep jobs in the country.

trump"Companies are not going to leave the United States any more without consequences. Not going to happen," Trump told workers at the Carrier plant in Indianapolis in his first major public remarks yesterday since winning the White House.

"They can leave from state to state, and negotiate deals with different states, but leaving the country will be very, very difficult," Trump added.

During the presidential campaign, the Republican billionaire threatened to slap tariffs on firms that decamped for places like Mexico or Asia where labor costs are cheaper. It became a repeated refrain of his victorious campaign.

Trump specifically singled out Carrier, a brand of United Technologies Corporation, saying he had been encouraging the company not to shift thousands of jobs to Mexico.

If they did, he said his administration would impose major tariffs on Carrier products as they made their way back into the United States.

"But I called Greg (Hayes, UTC's chairman) and I said it's really important, we have to do something because you have a lot of people leaving and you have to understand we can't allow this to happen anymore with our country," Trump said as he recalled an early exchange with the firm's top executive.

Under a deal hammered out with the help of Vice President-elect Mike Pence, who is Indiana's outgoing governor, the state offered Carrier USD 7 million in incentives over 10 years, "contingent upon factors including employment, job retention and capital investment," the company said in a statement.

Pence said the deal will keep about 1,100 jobs in "the heart of the heartland.""This is a great day for Indiana and it's a great day for working people all across the United States of America," Pence said.

The deal is seen as an extraordinary industry intervention by a president-elect.

His supporters have described it as the first tangible part of Trump's jobs creation plan.

But liberal Senator Bernie Sanders, who challenged Hillary Clinton for the 2016 Democratic presidential nomination, said the deal should worry Americans.

Carrier "took Trump hostage and won," Sanders said in an op-ed he wrote for The Washington Post.

Trump "endangered" other US jobs, Sanders said, "because he has signalled to every corporation in America that they can threaten to offshore jobs in exchange for business-friendly tax benefits and incentives."

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Agencies
June 6,2020

The President of United States Donald Trump has said that countries like India and China would have much more coronavirus cases than America if they conduct more tests.

“I say to my people every time we test; you find cases because we do more testing. If we have more cases, if we wanted to do testing in China or in India or other places, I promise you there would be more cases you are doing a fantastic job in getting out the swabs,” the US president said on Friday.

Trump said that the US has carried out 20 million tests while compared to America, Germany is at four million and much talked about South Korea is about three million tests. He made the remarks at Puritan Medical Products in Maine, according to Johns Hopkins Coronavirus Resource Center.

The US has reported nearly 1.9 million cases and over 1,09,000 deaths while the total number of coronavirus cases in India and China stand at 2,36,184 and 84,177 respectively, according to Johns Hopkins Coronavirus Resource Center data.

India has so far conducted over 4 million COVID-19 tests, according to the health ministry.

Trump said, “we will be well over 20 million tests. Remember this, when you test more, you have more cases.”

“Puritan is one of the only manufacturers in the world producing high-quality medical swabs that are crucial for rapid testing. And every swab you make at Puritan is proudly stamped with the beautiful phrase made in the USA,” Trump said.

“Thanks to the testing capacity that you are making possible, our country is reopening and our economy is recovering like nobody would’ve thought possible,” he added.

Trump also spoke about the huge unemployment problem the country is currently facing. He said that the economy is now back on track, referring to the latest monthly employment numbers,.

“We absolutely shattered expectations, and this is the largest monthly jobs increase in American history, think of that; that’s a long time,” Trump said

“I think it’s more than double or about double of what our highest was before so this is the largest monthly job increase in American history. And we’re going to have a phenomenal next year. We’re going to have a tremendous couple of months prior to the election on November 3 very, very important date,” the president said.

Keeping an eye on the November 3 presidential elections, Trump is seeking re-election for his second consecutive term. He is pitted against Democratic presidential nominee Joe Biden who in opinion polls is surging several points of Trump.

“It’s going to be a very important election because the only thing that can screw it up is if you get the wrong president and they raise your taxes, and they open up your borders so that everybody pours into our country,” Trump said.

Trump also vowed to bring the American economy back on track, which has been badly hit by the coronavirus pandemic. He reiterated that his administration has built a strong economy in the last three years.

Describing the fight against coronavirus as the greatest national and industrial mobilisation since the World War II, Trump said that his administration has marshaled the full power of the US government and US industry to defeat the invisible enemy.

“It is indeed an enemy. It came from China, should have been stopped in China. They didn’t do that,” he alleged.

The administration, he said, has delivered over 1.5 billion pieces of personal protective equipment to doctors and nurses on the front lines. We slashed the red tape to speed up the development of vaccines.

“And vaccines are coming along incredibly well, wait till you see, and therapeutics. And we partnered at private sector leaders such as Puritan to build the largest and most advanced testing capacity on the face of the earth, like this one,” the US president said.

The Puritan factory in Maine, he said, quickly ramped up the production to produce nearly 20 million foam-tipped swabs each month.

“Then in April, my administration invoked the Defence Production Act to help you scale up even more. Under a USD 75 million public-private partnership, Puritan will soon double production to 40 million swabs per month,” Trump added.

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News Network
April 11,2020

Apr 11: The number of global coronavirus deaths has increased to 102,753, while the total number of cases worldwide has surpassed 1.6 million, according to the latest update by the Washington-based Johns Hopkins University.

As of Saturday morning, the overall number of infections increased to 1,698,416, while the tally of those who recovered from the deadly disease stood at 376,677, according to the varsity's Center for Systems Science and Engineering (CSSE).

In terms of cases, the US had the highest in the world at 501,301, followed by Spain 158,273, Italy 147,577 and France 125,931.

Italy accounted for the highest death toll at 18,849, with the US in the second place with 18,769 fatalities.

Other countries with more than 10,000 deaths include Spain (16,081) and France (13,197).

Although the pandemic originated in China last December, it now only accounts for 3,343 deaths with 83,003 confirmed cases.

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News Network
June 15,2020

Dubai, Jun 15: The global tally of Covid-19 coronavirus infections crossed the 8 million mark on Monday, with recoveries at 4.13 million, and deaths at nearly 436,000.

As of 11.40am UAE time, there were 3.43 active Covid-19 cases globally, of which 54,460 were serious or critical.

The United States still leads the charts with 2.16 million cases and 117,858 deaths. Behind US, at a distant No 2, is Brazil with 867,882 cases and 43,389 deaths.

Russia, India, the UK, Spain, Italy, Peru, Germany and Iran complete the top 10.

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