Trump is in Wisconsin to-day at the site of the new Foxconn plant. This will be the largest manufacturing facility in the USA. Cost is US$10 billion and will employ 15,000. Foxconn is the largest electronics manufacturer in China (they are a Taiwanese outfit) AND they are now moving industrial capacity OUT of China and into the USA. Annual sales of this one plant will be several billion.
On Monday, Trump was in Duluth Minn., in the heart of iron ore country. He announced the opening of several steel plants. Do u understand what is going on?
Why do u think the SSE and other Chinese stock indexes are tanking?
Because the money flows are blowing into the USA and away from China.
Trump is in Wisconsin to-day at the site of the new Foxconn...
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