Site icon The Punching Bag Post

Trump Meets with CEOs to Discuss Plans on Increasing U.S.-Based Jobs

<p class&equals;"MsoNormal" style&equals;"text-align&colon; left&semi;" align&equals;"center">President Donald Trump got together with chief executives from the leading U&period;S&period; companies on Thursday to discuss plans on how to bring millions of jobs back to the U&period;S&period;<&sol;p>&NewLine;<p class&equals;"MsoNormal">Two dozen CEOs visited the White House where Trump addressed issues&comma; like how the country has lost almost one-third of its manufacturing jobs ever since the 1994 U&period;S&period; North American Free Trade Agreement&period; &nbsp&semi;<&sol;p>&NewLine;<p class&equals;"MsoNormal">Since China joined the World Trade Organization 16 years ago&comma; 70&comma;000 American-based factories have closed&period; This is no coincidence&period;<&sol;p>&NewLine;<p class&equals;"MsoNormal">On his campaign trail&comma; Trump promised to bring back jobs from overseas&period;<&sol;p>&NewLine;<p class&equals;"MsoNormal">He has already influence companies&comma; including the air conditioning company Carrier&comma; to keep jobs in the U&period;S&period;&nbsp&semi;<&sol;p>&NewLine;<p class&equals;"MsoNormal">&&num;8220&semi;Bringing manufacturing and creating high-wage jobs was one of our campaign themes&comma;&&num;8221&semi; said Trump&period; &&num;8220&semi;Everything is going to be based on bringing our jobs back&period;&&num;8221&semi;<&sol;p>&NewLine;<p class&equals;"MsoNormal">Thursday meeting proves this is still very much a priority&period; &&num;8220&semi;I&&num;8217&semi;m delivering on everything we said&comma;&rdquo&semi; said Trump after a month in office&period;<&sol;p>&NewLine;<p class&equals;"MsoNormal">The executives who attended the meeting were from General Electric&comma; Dell&comma; 3M&comma; Ford Motor Co&period;&comma; Campbell Soup&comma; General Dynamics&comma; Lockheed Martin&comma; International Paper&comma; Johnson &amp&semi; Johnson&comma; Whirlpool&comma; Dow Chemical Co&period; and United Technologies&period;<&sol;p>&NewLine;<p class&equals;"MsoNormal">&ldquo&semi;Today we have 24 CEOs from the largest manufacturing companies in the country and even in the world&period; They represent&&num;8211&semi;people in this room&&num;8211&semi;nearly &dollar;1 trillion of sales and two million employees&comma; large majorities of which are in the United States&period; They share our commitment to bring manufacturing back and to create jobs in this country&comma;&rdquo&semi; said Trump&period;<&sol;p>&NewLine;<p class&equals;"MsoNormal">Trump has previously said he plans to overhaul the tax code and offer incentives to encourage companies to create U&period;S&period;-based jobs&period;<&sol;p>&NewLine;<p class&equals;"MsoNormal">&ldquo&semi;Several of the CEOs who met Trump are part of a coalition that supports a so-called border adjustment tax&comma; which would impose a 20 percent tax on goods that are imported into the country while providing write-offs for goods that are exported&comma;&rdquo&semi; writes <em style&equals;"mso-bidi-font-style&colon; normal&semi;">Newsmax&period;<&sol;em> &nbsp&semi;<&sol;p>&NewLine;<p class&equals;"MsoNormal">&&num;8220&semi;It is very clear the president is interested in lessening the tax burden&comma;&&num;8221&semi; said Ken Frazier&comma; CEO of Merck &amp&semi; Co&period;&nbsp&semi;<&sol;p>&NewLine;<p class&equals;"MsoNormal">General Electric Co&period; chief executive Jeff Immelt expressed similar sentiments&period; &nbsp&semi;<&sol;p>&NewLine;<p class&equals;"MsoNormal">&ldquo&semi;Tax reform a high priority for job creation&period; Business community will come together to help find a workable solution&comma;&rdquo&semi; tweeted Immelt after the meeting&period; &nbsp&semi;<&sol;p>&NewLine;<p class&equals;"MsoNormal">&ldquo&semi;We left that meeting with a sense that the president wants to promote the ongoing growth of American manufacturing and that he appreciated what we had to say&comma;&rdquo&semi; said Harley-Davidson&nbsp&semi;in a statement to <em style&equals;"mso-bidi-font-style&colon; normal&semi;">Fox News&period;<&sol;em> &nbsp&semi;<&sol;p>&NewLine;<p class&equals;"MsoNormal">Since entering office&comma; Trump has consistently been meeting with executives&comma; which looks like the first step to reversing the long decline in factory jobs&period; <span style&equals;"mso-spacerun&colon; yes&semi;">&nbsp&semi;<&sol;span>&nbsp&semi;<&sol;p>&NewLine;<p class&equals;"MsoNormal">&ldquo&semi;Since Inauguration Day&comma; Trump has made a weekly habit of meeting with heads of industry&comma; business owners and economic advisers&period; The president&rsquo&semi;s C-suite get-togethers are already proving to be much more frequent than those of his most recent predecessors&period; In his first two months in office&comma; Trump has gathered business leaders from a range of sectors seven times&comma; while former President Barack Obama hosted two such meetings in his first year&comma; and former President George W&period; Bush huddled with business leaders three times during his second year in the White House&comma;&rdquo&semi; writes <em style&equals;"mso-bidi-font-style&colon; normal&semi;">Fox News&period; <&sol;em><&sol;p>&NewLine;<p class&equals;"MsoNormal">So far&comma; it looks like Trump is on the right track to improve the economy and the manufacturing industry&period;<&sol;p>&NewLine;<p class&equals;"MsoNormal">On February 28&comma; the president will be addressing Congress about tackling these big economic issues&period;<&sol;p>&NewLine;<p>&nbsp&semi;<&sol;p>&NewLine;

Exit mobile version