Are they gonna call ICE to shackle the engineers this time too?
Freewhale98 on
1. Summary
In a social media post, Trump unveiled three investment projects in Texas, Ohio and Georgia, reiterating his tariff policy helped make the projects possible.
“Today, I am pleased to announce three TREMENDOUS Projects in the Strategic Areas of Oil & Gas in the Great State of Texas, Power Generation in the Great State of Ohio, and Critical Minerals in the Great State of Georgia,” Trump wrote on Truth Social.
He stressed that Japan is now “officially” and “financially” moving forward with the first batch of investments under what he called a “historic” trade deal that he said is meant to revitalize the American industrial base, create hundreds of thousands of American jobs and strengthen the U.S.’ national and economic security.
“The scale of these projects are so large, and could not be done without one very special word, TARIFFS,” he said. “We will no longer rely on foreign supply for this essential material.”
2. How is this related to sub
(1) Tariff & Foreign Direct Investment: From how it is explained, it seems that all the revenue from these projects will go to Japanese companies.
3. My opinion
Other countries are pressured to do similar projects. At face value, this seems to be trade coercion against allies. But, when given closer look, it is filled with weakness and loopholes which can be exploited by foreigners to seize crucial US infrastructures for cheap price as long as a small amount of kickback is given to Trump and his cronies. Japan seems to be exploiting this loophole in the tariff deals to capture strategic infrastructure of the US such as power grids and critical minerals.
2 Comments
Oh?
Are they gonna call ICE to shackle the engineers this time too?
1. Summary
In a social media post, Trump unveiled three investment projects in Texas, Ohio and Georgia, reiterating his tariff policy helped make the projects possible.
“Today, I am pleased to announce three TREMENDOUS Projects in the Strategic Areas of Oil & Gas in the Great State of Texas, Power Generation in the Great State of Ohio, and Critical Minerals in the Great State of Georgia,” Trump wrote on Truth Social.
He stressed that Japan is now “officially” and “financially” moving forward with the first batch of investments under what he called a “historic” trade deal that he said is meant to revitalize the American industrial base, create hundreds of thousands of American jobs and strengthen the U.S.’ national and economic security.
“The scale of these projects are so large, and could not be done without one very special word, TARIFFS,” he said. “We will no longer rely on foreign supply for this essential material.”
2. How is this related to sub
(1) Tariff & Foreign Direct Investment: From how it is explained, it seems that all the revenue from these projects will go to Japanese companies.
3. My opinion
Other countries are pressured to do similar projects. At face value, this seems to be trade coercion against allies. But, when given closer look, it is filled with weakness and loopholes which can be exploited by foreigners to seize crucial US infrastructures for cheap price as long as a small amount of kickback is given to Trump and his cronies. Japan seems to be exploiting this loophole in the tariff deals to capture strategic infrastructure of the US such as power grids and critical minerals.