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Home/Latest News/Trump Promises Dramatic ‘Boom’ in US Manufacturing with Reelection, Predicts ‘Mass Exodus’ from South Korea and Beyond | MorungExpress
Latest News

Trump Promises Dramatic ‘Boom’ in US Manufacturing with Reelection, Predicts ‘Mass Exodus’ from South Korea and Beyond | MorungExpress

By adminitfy
September 25, 2024 2 Min Read

Washington, September 25 (IANS) — Republican presidential nominee Donald Trump has promised a significant return of manufacturing jobs from countries like South Korea and China to the United States if he wins the upcoming election. Addressing swing voters in Savannah, Georgia, Trump outlined his vision during a speech on tax policy. According to Trump, his victory would spearhead a "mass exodus" of manufacturing jobs to American states such as Pennsylvania, North Carolina, and Georgia from countries including China, South Korea, and Germany.

"Vote for Trump, and you will see a mass exodus of manufacturing from China to Pennsylvania, from Korea to North Carolina, from Germany to right here in Georgia," Trump stated, emphasizing that Georgia would witness an influx of industry from Germany and other nations. To achieve this, Trump pledged to appoint a "manufacturing ambassador" dedicated to persuading global manufacturers to relocate their operations to the U.S.

During his speech, Trump also launched an attack on his Democratic rival, Kamala Harris, labelling her the "tax queen" and accusing her of advocating for the "largest capital gains tax" in American history. He criticized Harris by claiming her policy would involve taxing unrealized capital gains, which means individuals would pay taxes even if they haven’t sold their investments.

The remarks come as polls show Trump and Harris in a tightly contested race with the general election just weeks away. Policymakers in South Korea and other nations are closely monitoring the campaign, as the outcome could significantly impact U.S. trade, diplomacy, and other policies.

With his campaign focused on revitalizing American manufacturing, Trump is appealing to voters in crucial battleground states, underscoring his goal to strengthen the U.S. economy by bringing back industries that have moved overseas.

Original Story https://www.morungexpress.com/trump-says-his-reelection-would-see-mass-exodus-of-manufacturing-to-us-from-south-korea-other-countries
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