6/28/2018

BUSINESS/TARIFFS/TRUMP AS PRESIDENT: “As President Donald Trump took a victory lap at the groundbreaking of Foxconn’s $10 billion southeastern Wisconsin-based plant Thursday [6-28-18], he had a stern message for a neighboring manufacturer…It was a sign of the times in the Trump economy, where the Foxconn investment comes with a price to taxpayers and Harley-Davidson faces the consequences of international tariffs.Here in the sprawling Foxconn building south of Milwaukee, men and women in suits toured an trade show with products and services that looked straight out of a futuristic movie set. Exhibits featured both hardware and software products, including smart classroom technology, security, intelligent transportation, LCD screens, agricultural technology and a precision medicine booth billed as the ‘Hospital of Tomorrow.’ A friendly robot served attendees miniature Wisconsin hamburger bites. A stage with a podium was flanked by holograms. Foxconn, the Taiwanese electronics manufacturer, and its stakeholders were celebrating the groundbreaking of a nearly 3,000-acre campus and ‘innovation hub’ here in southeastern Wisconsin, the result of $4 billion package of tax breaks and other local, state, and federal incentives.”

Betsy Klein, “‘Don’t get cute’ Trump tells Harley-Davidson while feting Foxconn,” CNN Politics, CNN.com, June 28, 2018 4:35 pm