Homepage / Technology / Trump heads to Wisconsin to tout a new Foxconn plant, while Harley-Davidson talks tariffs just up the road
“gerçek Parayla En Iyi Slot Makineleri Ve Spor Bahisler Which is the Best Podcast For Stock Market Beginners? Virtual Data Room Facts How to Protect Confidential Documents for Boards Advantages of Online Meetings Business Issues to Consider When Choosing a Data Room Provider What Is a Data Room? Virtual Board Room Software Due Diligence Risk Factors How to Choose a Reliable Tool for Data Exchange test Users535352253 Due Diligence Blog Digital Data Rooms for the Netherlands Board Room Apps Secure Board Management With Secure Board Portals What Happens at Board of Directors Meetings? Board Room Software Review How to Prepare Board Rooms for Effective Board Meetings Board Room Software Boosts Performance and Communication Selecting a Secure Data Room Review Local Data Room Service Review How to Find the Best Virtual Data Room Review What to Look for in a Data Room uk Provider Document Storage and Distribution Software Everything About VDRs Corporate Software Advantages How to Choose a Virtual Data Room Provider The Most Secure Way to Transfer Files How to Manage Online Board Meetings Benefits Virtual Data Room Solutions – Must-Haves for M&A and Due Diligence Best Data Room Functions for the Different Types of Industries How to Choose a VDR Software Provider How to Choose an Online Board Portal The Benefits of a Boardroom Review Board Room Online Solutions – How to Get the Most Out of Your Board Meetings Why You Need a Board Room How a Board Room Blog Can Transform Your Business Choosing the Best Board Room Format How to Have Productive and Engaging Board Directors Meetings Choosing the Right Virtual Data Room How to Keep Safe Documents Storage Teaching Kids About Online Safety Avoid Costly Mistakes With Free Data Room Services Corporate Virtual Data Secure Online Data Rooms Solutions How to Keep Share, Edit and Delete Your Data Safe Virtual Data Room Software Secrets for M&A Due Diligence What to Look For in Boardroom Providers Board of Directors Blog Posts How to Deliver Value at Your Board Meetings How to Have Effective Board Meetings Responsibilities of Board Members Deal Management – How to Effectively Manage a Complex Sales Pipeline Data Rooms For Mergers And Acquisitions How to Have a Successful Board Room Meeting Choosing a Board Room Service Provider What is a Board Room Service? Board Room Software Review – Choosing the Best Portal for Mother Board Meetings Why a Board Room Providers Review Is Important What Is a Board Room Review? Venture Software for VC Firms What Is an Assessment Report? The Importance of a Tech Audit Popular Business Applications What to Look For in a Data Room App What Are Business Applications? How to Choose a Virtual Data Room How to Plan a Data Room Review Coronavirus Guide What is a Virtual Data Room? What Is Data Science? What Is an Operating System? Turbotax Small Business Review How Online VDRs Are Used in M&A Deals Why Choose VDR Software? The Power of Business Software The Benefits of a Software Board Online Data Room Review The Importance of Tech Knowledge Improving Accuracy of Financial Data Online Business Records – How to Keep Your Online Business Records Accurate and Secure What is a Board Portal De? DealRoom Review – A Review of VDR Software M&A Due Diligence for Private Companies The Virtual Data Room Review Why Companies Use a Data Room Review to Facilitate M&A Transactions The Best File Sharing Services How Online VDRs Are Used in M&A Deals Best Virtual Data Room How to Choose a Best Board Room Provider Choosing a Data Room for Due Diligence What Is a Data Room Business Software? Best Data Room Providers Review Data Room Providers Review Mostbet Tr Resmî Web Sitesinde Giriş Ve Kayıt Olm Kumar Oynamak Için En Iyi Yerdir The Benefits of Cloud Data Services for Enterprises Online Data Room and SSL How to Build a Diverse Board of Directors

Technology

Trump heads to Wisconsin to tout a new Foxconn plant, while Harley-Davidson talks tariffs just up the road

The ceremonial groundbreaking for a massive $10 billion Foxconn factory complex in Wisconsin was supposed to be evidence that the manufacturing revival fueled by President Donald Trump’s “America First” policy is well underway.

But an announcement this week by Harley-Davidson that it is moving some production of motorcycles overseas to avoid tariffs is fueling unease in Wisconsin — a state Trump barely won and where fellow Republican Gov. Scott Walker is on the ballot in just over four months.

The contrasting news — Harley is based just 30 miles (48.28 kilometers) north up the interstate in Milwaukee — provides the backdrop for Trump’s visit Thursday where he’ll speak at the Foxconn site and hold a closed-door fundraiser just a couple miles away from Harley’s headquarters.

Walker is counting on a strong economy as part of his case for re-election. Wisconsin’s unemployment is at record-low levels and Walker argues that the Foxconn project, the largest economic development deal in state history, shows that Wisconsin is on the right track.

When the deal, reached with the assistance of the Trump White House, was signed last year, Walker said critics could “suck lemons” and “all of us in the state should be smiling, Republican and Democrat, doesn’t matter.”

A year later, opinion polls show Wisconsin voters are split on the project and the state of the economy.

“I read conflicting reports,” said Katherine Wikoff, 58, a professor at the Milwaukee School of Engineering who doesn’t align with either political party. “I read many positive things. And, here and there I’ll see things that don’t look so good.”

Wikoff said she has concerns about increasing traffic and environmental impacts of the Foxconn project, including water usage, but also said it could spur more economic development.

“Foxconn could be sort of a catalyst for a lot of really exciting things happening,” she said.

Tom Deisinger, a 60-year-old banker who said he’s not affiliated with either political party, said he was “fairly bullish” on the economy overall and the Foxconn project.

“What I hear from talking to other business owners, they feel pretty good about the economy, too,” he said. “Employment is strong. It’s actually become an issue for us. You know, finding qualified candidates for not just entry-level jobs, but really any level jobs. It’s getting harder and harder.”

Trump’s visit comes as he is trying to keep Wisconsin and other upper Midwest states in his column. Trump visited Minnesota last week and North Dakota on Wednesday.

Trump carried Wisconsin by less than 1 point — just under 23,000 votes. He’s underwater in popularity, with only 44 percent of respondents in last week’s Marquette University Law School poll approving of the job he’s doing, while 50 percent disapproved.

Republicans were mostly unified in support of Foxconn, saying it is a once-a-generation opportunity to transform the state’s economy. But most Democrats — including all eight of those running against Walker — are against it, arguing the potential $4.5 billion in taxpayer subsidies was too rich. If paid out — they’re tied to jobs and investment benchmarks — the incentives would be the most paid to a foreign company in U.S. history.

“Scott Walker is part of the Trump-Walker axis that is hurting Wisconsin, hurting America,” said Democratic gubernatorial candidate Matt Flynn, who says if elected he will sue to stop the Foxconn project. “He is simply obedient to Trump.”

The Marquette poll released last week showed 46 percent think the state is paying more for the plant than it’s worth, while 40 percent think it will provide at least as much value as the state is investing.

Deisinger thinks it’s worth it.

“I just think in general the employment opportunities and the other offshoot businesses, there’s just a lot of opportunity that will come of that,” Deisinger said. “It’s a big price for the state to pay (incentives), but to make an omelet you’ve got to break some eggs, right?”

Should Foxconn employ 13,000 workers as envisioned, it would be the largest private-sector employer in Wisconsin.

“Foxconn’s state-of-the-art products will be made in the U.S.A. — proudly in the state of Wisconsin!” Walker tweeted Tuesday, as he tried to shift the focus away from Harley-Davidson.

Foxconn is the world’s largest electronics contract manufacturer and assembles Apple iPhones and other products for tech companies. Based in Taiwan, Foxconn chose Wisconsin after being prodded by Trump and others, including House Speaker Paul Ryan, whose district will include the plant.

The decision to build its first plant outside of Asia in the United States was viewed by many as a hedge against a possible trade war. Flat-screen liquid crystal display panels will be built on the 20-million-square-foot campus. Those LCD panels will be used for a variety of industries including medicine, security and self-driving vehicles as well as television sets, notebooks and monitors.

Source: Tech CNBC
Trump heads to Wisconsin to tout a new Foxconn plant, while Harley-Davidson talks tariffs just up the road

Comments are closed.