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President Donald Trump said Thursday that his claims for "just and reciprocal trade" are a response to past policies that have allowed other countries to profit from the United States.
Trump Speaks Opening Ceremony of Foxconn Technology Group's $ 10 Billion Manufacturing Complex Project in the Town of Mount Pleasant, Southeast Wisconsin
"Voilà why it's so beautiful, "says Trump. While Trump praises the plans of the Taiwanese electronics giant for a factory that will produce LCD screens as "the eighth wonder of the world", he has had less friendly words for another manufacturer , located just 25 miles north: Harley-Davidson. Earlier this week, the Milwaukee-based motorcyclist said he planned to transfer some of his production overseas, a decision that he attributes to the consequences of the president's trade policies.
"Please build these beautiful motorcycles here again in the United States. Do not be cute with us, "said Trump, warning," Your customers will not be happy if you do not do it. "
Harley said the move was an attempt to avoid the EU tariffs imposed in response to trade measures Trump said are intended to help domestic manufacturers. As an early example of an American company that suffers from international trade disputes, these clashes can disrupt an economy where even domestically produced goods are part of a global supply chain. 19659002] Trump pointed to Foxconn as an example of "the exciting manufacturing history across the country." Scott Wisconsin Governor "
Foxconn founder and president, Terry Gou, issued a warning on his own at the traditional American technology centers
"To Silicon Valley, to Boston," Wisconn Valley "arrives," said Gou.
The inauguration ceremony was held approximately 11 months after Trump and Gou announced plans for the construction of an LCD panel in southern Wisconsin during an event to the White House. Paul Walker, president of Walker and House, whose district includes Mount Pleasant, also attended the Washington event last year
Construction preparation work has already begun on the project site, where some farmland was replaced Backers sees the Foxconn project as an opportunity not to be missed to transform the economy of the region and build a state-of-the-art manufacturing center around the campus of 22 million square feet . The plant could eventually employ 13,000 workers, some of whom will likely cross the border with the state of northern Illinois. If the scope of investment proposed by Foxconn is unprecedented, the incentives offered to attract it outweigh: $ 3 billion state and $ 764 million at the local level if the company achieves goals related to jobs, wages and investments. The infrastructure spending approved under the project could bring the total to $ 4 billion.
Celebrating Foxconn's inauguration in the context of Harley's news feels "a little schizophrenic," Wednesday acknowledged Tim Sheehy, president of the Metropolitan Milwaukee Association of Commerce
"It's like if the president helped bring a new guest to dinner while walking on the toes of someone who was already at the party, "said Sheehy.
Trump threatens Harley-Davidson with taxes He said he hopes the trade dispute will be resolved, and he remains confident that the "calculated investment" of Wisconsin in its economic future, in the form of Foxconn agreement, go
Voters in Wisconsin are more divided. About 46 percent of registered voters think that the state pays more than the value of the factory, while 40 percent think it would offer at least the same value, according to a recent survey by Marquette. Law School. Most voters thought that the Foxconn plant would boost the economy of the Milwaukee area, but only 29% thought their local businesses would benefit.
The project became a problem in the race for the governor of Wisconsin. Their challenge will be to find a way to criticize the economics of the operation without appearing to oppose a job-creating project, said Charles Franklin, a professor of economics and psychology. right to Marquette, director of the survey
. on the impact on the environment and the owners living on land within the limits of the Foxconn project, who say that they are forced to move to make room for development.
Kim Mahoney said that she still has not agreed with the village by selling the house where she lives with her husband and 12-year-old daughter. Evaluators working with the village said her home, in a subdivision on the promised land at Foxconn, was worth considerably less than an appraiser she had hired independently, she said. Mahoney does not want to downsize or settle for a neighborhood that does not have the rural feel that his family has chosen.
But she thinks that she would oppose the project even if her house had not been affected, due to environmental and environmental concerns. financial impact.
"There was no consideration of the impact on the residents," Mahoney said. "I do not know how it's going for the state, but it's another example where big companies are getting all this money and it's not going to benefit so many people who are getting those jobs."
Wisconsin "
She was planning to attend a protest against the project on Thursday – her first protest, she said.
The day before he was to speak at Foxconn's inauguration ceremony, Trump harassed Harley-Davidson on Twitter
"Other companies are coming back in their place!" We will not forget, nor your customers or your competitors now very happy! ", he writes.
But the iconic business is not the only one to say that she feels the pain of the commercial policy of the administration. Poplar Bluff, Mid-Continent Nail, fired 60 workers and announced 200 more job cuts, citing a slowdown in sales after Trump had imposed tariffs on metals, including steel and steel. aluminum.
According to Phil Levy, assistant professor of strategy at the Kellogg School of Management at Northwestern University, Harley did not say if American jobs would be lost as a result of the shift in production. The leader of a union representing his workers accused the company of using the tariffs as an excuse for moving jobs overseas.
Robert Gulotty, professor of political science at the University of Chicago, studies commerce. The biggest concern is the new sense of uncertainty over how US trade policy will affect the cost of doing business, especially for companies that assemble products in the US but buy components and sell finished products. in the whole world. ", Said Gulotty
This will almost certainly include Mount Pleasant's Foxconn plant, although it is not yet clear whether the specific rates advertised up to this point could affect this project.
Tariffs could also be a favorable bargaining trade-offs, but Gulotty said it's skeptical that gains "are worth the disruptive effects these same policies have"
While companies are Concerned about the prospect of tariffs and do not like uncertainty, Sheehy, of the Metropolitan Milwaukee Association of Commerce, said that there was also support for efforts to find the "[19659017] "We must see how it is played," he said.
Twitter @laurenzumbach [19659002] MORE COVERAGE
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