Chinese Tycoon Moving Business to the U.S.

EagleSmack

Hall of Fame Member
Feb 16, 2005
44,168
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USA
Thanks to Trump!


China tycoon moves jobs to US, citing high taxes at home

http://www.yahoo.com/news/china-tycoon-moves-jobs-us-citing-high-taxes-093204655--finance.html'

Shanghai (AFP) - A Chinese auto glass tycoon has caused a stir by shifting part of his empire to the United States and setting up a factory in Ohio, citing high taxes and soaring labour costs at home.

Cao Dewang's $600-million investment comes after Donald Trump threatened to declare Beijing a currency manipulator and slap 45 percent punitive tariffs on Chinese imports to protect American jobs.
 

EagleSmack

Hall of Fame Member
Feb 16, 2005
44,168
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Kreskin

Doctor of Thinkology
Feb 23, 2006
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Taxes and labor costs have changed in the US? 1.25 hour now?
 

Angstrom

Hall of Fame Member
May 8, 2011
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Guess will have to look forward to 65 cent to the dollar with Trump in charge.