Too many bathwater garglers on this thread misunderstand my position. Trump should not have struck a deal so quickly, but he wanted a (half) win for his Thank You tour. He’s let Carrier/UTX off the hook and is giving them the freedom to do what many companies have done - keep white collar jobs in the US (yes, many filled with H1b visa holders), while moving the blue collar jobs out of the country. The demand should remain to keep the entire value chain in the US, and threaten the 35% tariff for any products imported back into the country. In exchange, Trump gets the corporate tax cut passed, regulations slashed, an amnesty/reduced rate on funds repatriation, and energy production unleashed. The US will never be able to compete solely on labor costs, when the hourly rate for an American worker is the same as the daily rate for a foreign worker. However, Americans can compete on quality (Made in the USA), reduced energy & transportation costs, and much better customer support. Keeping half the Carrier jobs is only a 2-cent hit on UTX’s earnings, and the company has said they can make cost savings elsewhere. If so, then keep all the jobs in the US and find a way to make up a 4-cent earnings hit.
IOW, I support the original Trump campaign positions - get the whole loaf, not just half.
“giving them the freedom”
We could use more of that...
You're author of t he bestselling pop-up book, "Nick's Big Deal", right?
Bet you're rollin' in dough from the royalties, too. Just where is Nick Tower anyway?
Try and lay off the BS at least until you have something other than rotten egg scented hot air to spew. So far the details haven't been announced but you know all about it.
As for the "4-cent hit", Trump just explained how easily that could become a $4 hit and they were only too happy to cooperate.