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| Donald Trump |
President Donald Trump has threatened to slap new taxes on American companies like Apple to dissuade them from moving their manufacturing bases from China to countries like India and Ireland instead of the US amidst the COVID-19 pandemic.
In an interview with news channel,Trump said that taxation was an incentive for the companies to return manufacturing bases to the US.
"Apple said now they're going to go to India. They're going to do some production in India away from China," he was asked.
"If they do, you know, we gave Apple a little bit of a break because they're competing with a company that was a part of a trade deal that we made. So it was a little bit unfair to Apple, but we're not allowing this anymore. You know if we wanted to put up our own border like other countries do to us, Apple would build 100 per cent of their product in the United States. That's the way it would work," he said.
According to the New York Post, Apple is looking to shift a significant portion of its production to India from China.
Supply lines of many tech companies manufacturing in China were disrupted after the deadly coronavirus outbreak in the Chinese city of Wuhan.
"These... companies have to get on the ball because they're going not only to China--...--You look at where they're going--...They're going to India and they're going to Ireland and they're going all over the place, they make them," Trump said in the interview.
"So, you don't think you need to do anything in terms of incentives," he was asked.
"I have to do it," Trump said.
"One incentive, frankly, is to charge tax for them when they make products outside. We don't have to do much for them. They have to do it for us," Trump said. Trump said that he wants to bring manufacturing back to the US.
"And now they're not fighting. These stupid supply chain that are all over the world, we have a supply chain where they're made in all different parts of the world and one little piece of the world goes bad and the whole thing is messed up. I said we shouldn't have supply chains. We should have them all in the United States. We have the companies to do it. And if we don't, we can do that," he added.
About Donald Trump :
Donald John Trump (born June 14, 1946) is the 45th and current president of the United States. Before entering politics, he wad a businessman and Television Personality.
"We will make America strong again. We will make America proud again. We will make America safe again. And we will Make America Great Again!"
- President Donald J. Trump
Donald J. Trump is the very definition of the American success story, setting the standards of excellence in his business endeavors, and now, for the United States of America.
A graduate of the Wharton School of Finance, President Trump has always dreamed big and pushed the boundaries of what is possible his entire career, devoting his life to building business, jobs and the American Dream. This was brought to life by a movement he inspired in the people of America when he announced his candidacy for President of the United States in June 2015.

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