Donald Trump has pledged to take jobs from Britain, Germany and China if he returns to the White House.
Speaking in Georgia, the former president set out plans for an aggressive trade policy that would impose “very substantial” tariffs on companies that did not relocate jobs to the US.
In a pitch to “every major company and manufacturer on Earth”, Trump also said he would use America’s economic muscle to slash the corporate tax rate for businesses that moved their operations to the country.
Companies such as the investment giant BlackRock have sent white-collar jobs to Britain, drawn by depressed salaries and tax incentives.
Trump pledged to levy tariffs on companies that refused to move their operations to the US, while slashing the corporate tax rate from 21 per cent to 15 per cent for those that agreed to relocate.
The policy would prompt a “manufacturing boom” and cause General Electric (GE), IBM and “every other manufacturer that left us to be filled with regret and come sprinting back to our shores”, Trump said.
Trump cut the tax rate from 35 per cent to 21 per cent during his term in the White House in 2017.
“This is going to blow that away,” he claimed on Tuesday, saying he would bring in “the most competitive tax anywhere on the planet – but only for those who make their product in the USA.”
Trump also announced plans to reward US-based manufacturers by expanding research and development tax credits, writing off 100 per cent of the cost of heavy machinery in the first year, and allowing full expensing for new manufacturing investments.
he clearly has no respect for his allies, nor his own people. Trump is a dissapointment in every way.
m71nu on
And do them without immigrants…
He will make everyone poorer, except his closest billionaire buddies
Aggressive-Equal-931 on
He is a complete moron. He thinks tarrifs will be good for the US. Every economist laughs at him
He is a classic populist. Just says things he thinks people would like to hear. He prays on people’s fear, angers and desperation. He never offers any actual solutions or plan. He just says he will fix it.
But surprise surprise he passed the least legislation out of any US president in modern history
Eminence_grizzly on
Closer to the election date, he’ll promise to make women prettier, men stronger and children… well, children don’t vote.
TheThreeGabis on
That’s nice of him
HKei on
Sure, you can start with my laundry.
jonr on
WTF does that even mean?
mok000 on
Donold Trump has been a terrible businessman his entire life. He squandered the fortune he inherited from his father and through his bankruptcies he has lost other people’s money as well. He has made his living being an entertainer and a grifter.
ACE0FD on
To trump means to fart in Britain…
Just saying.
leonardo_davincu on
The far right in Britain and Germany:
“Fuck yeah! MAGA”
aimgorge on
Are jobs an issue in the US? I thought the US was missing workforce more than jobs?
IHerebyDemandtoPost on
Orange Man says a lot of things.
chodgson625 on
Would any pro-Brexit types (perhaps from the Daily Telegraph, source of this news artiicle) like to update us on that fantastic trade deal we are expecting to get with Trump’s America?
Beautiful-Health-976 on
Mr. President, we have a labour shortage! I will bring back foreign jobs! Mr President, who will staff these jobs? I will deport millions of immigrants!
You cannot make this shit up. Absolutely bonkers
SkyGazert on
Did he say this while drooling or what?
Political_LOL_center on
Damn, that’s a lot of jobs…
DaVirus on
Does he have a plan?
Keanu990321 on
That’s going to help his election chances in the blue wall.
RandyChavage on
We ain’t got no jobs, idiot
Defiant-Traffic5801 on
So basically he is taking inspiration from Bidenomics just more extreme more expensive and more adversarial.
Unregistered38 on
That’s interesting because I’ve got an advanced technical degree & experience and just took an EU blue card to get my family tf out before November.
Can only imagine what’ll happen if it actually goes the way I think that it might.. good luck filling those positions.
neromoneon on
So he is promising more jobs and less immigration while the US already has basically full employment. Who exactly is going to fulfill these jobs?
RR8570 on
An absolute flog of a human being and a russian puppet.
arrrse on
2/3 are USA’s biggest allies. Way to go dolan
alexrepty on
Here’s hoping the American voters pledge to take the job from him
STerrier666 on
So he’s going to outsource now to get Americans more jobs? Hold on doesn’t he complain about people taking jobs from Americans?
Ben_ze_Bub on
If you cannot lift yourself up just drag everyone else down. Sounds like a great concept of a plan.
I mean, creating jobs and improving the world is so boring.
chrisni66 on
Britain?… we don’t have any jobs left to take!
Icy_Faithlessness400 on
Hahah best of luck with that.
You see it is pretty simple. But than again the UK needed to learn this through experience, so I will break it down as if I am talking to a toddler.
US – far. Europe – close. US – tariffs, taxes, and border checks on all goods coming in. Europe – one big market with zero borders, taxes, tariffs, or paperwork. Meaning it is much cheaper for companies to have factories and production facilities in Europe in order to manufacture goods to sell to the European markets.
What manufacturers will abandon a market as big as Europe on the word of a senile moron with a vocabulary consisting of 500 words he keeps using on and on?
Classic_Ostrich8709 on
As usual, trump spews ideas with zero plan or intention of making them a reality. Just like the wall mexico never paid for.
PerceptionGreat2439 on
Bring it on you fat cunt.
SnooStrawberries620 on
At some point don’t you question your own sanity if you entertain the thought of giving power to this absolute buffoon?
TotallyInOverMyHead on
As a German: Which jobs ? Maybe a start would be to stop the amount of people from The U.S. moving to Germany in order to earn way lower wages. Maybe that would give him some votes.
allyoucaneatjerky on
Reminds me of 2016 when he said he would make Mexico pay for his wall
dosk3 on
Promises to increased import tax and then says its going to ‘take’ jobs. Literally a clown. No ones gonna buy your shit if its too expensive
jobager75 on
As always with Trump, the difference is the truth.
The German company I‘m working for is currently holding back all new investment projects for our US sites until it‘s clear that this POS isn‘t reelected.
No sane conpany will invest in a country reigned by the orange, tariff-loving dictator.
tuulikkimarie on
Germany loathes him. We have taste.
MiloBem on
Joke’s on him. We already don’t have jobs in Britain.
wojtekpolska on
“its us vs. them” mentality.. that should be red flag no matter what you think
Barcaiolo_65 on
“I want German car companies to become American car companies.” Sure, that could be easily arranged at the moment. Dirty cheap.
41 Comments
**From The Telegraph’s Benedict Smith:**
Donald Trump has pledged to take jobs from Britain, Germany and China if he returns to the White House.
Speaking in Georgia, the former president set out plans for an aggressive trade policy that would impose “very substantial” tariffs on companies that did not relocate jobs to the US.
In a pitch to “every major company and manufacturer on Earth”, Trump also said he would use America’s economic muscle to slash the corporate tax rate for businesses that moved their operations to the country.
“Not only will we stop our businesses leaving for foreign lands but under my leadership we’re going to take other countries’ jobs,” the former president [told a crowd in Savannah, Georgia](https://www.telegraph.co.uk/us/politics/2024/09/24/trump-salesman-zelensky-not-want-republicans-win-election/).
“We’re going to bring thousands and thousands of businesses and trillions of dollars in wealth back to the USA.”
“I want German car companies to become American car companies, I want them to build their plants here,” Trump continued. “[I want to beat China in electronics production.](https://www.telegraph.co.uk/world-news/2024/09/24/chinese-mega-port-peru-belt-and-road-initiative/) And we’ll be able to do that easily.”
He said that [Britain was “dying” to attract big business ](https://www.telegraph.co.uk/politics/2024/09/24/labour-diplomatic-spat-donald-trump-keir-starmer-us-trip-uk/)from the US and was using its tax incentives to do so.
“One day you’re going to read, ‘Oh gee, so-and-so, they just signed with China, they just signed with Germany, [they just signed with Great Britain](https://www.telegraph.co.uk/business/2023/03/04/dozens-us-companies-shun-britain-high-taxes-no-growth-plan/) – it’s dying to have them, they’ll give you free tax,” he said.
# Slashing tax
Companies such as the investment giant BlackRock have sent white-collar jobs to Britain, drawn by depressed salaries and tax incentives.
Trump pledged to levy tariffs on companies that refused to move their operations to the US, while slashing the corporate tax rate from 21 per cent to 15 per cent for those that agreed to relocate.
The policy would prompt a “manufacturing boom” and cause General Electric (GE), IBM and “every other manufacturer that left us to be filled with regret and come sprinting back to our shores”, Trump said.
IBM and the three companies formed when [GE split up in April](https://www.telegraph.co.uk/business/2021/11/09/general-electric-broken-129-years/) are based in the US, although they are reported to have moved jobs to countries such as Mexico in recent years.
Trump cut the tax rate from 35 per cent to 21 per cent during his term in the White House in 2017.
“This is going to blow that away,” he claimed on Tuesday, saying he would bring in “the most competitive tax anywhere on the planet – but only for those who make their product in the USA.”
By contrast, his political rival [Kamala Harris proposes raising the corporate tax rate](https://www.telegraph.co.uk/world-news/2024/09/11/tax-abortion-and-immigration-where-kamala-harris-stands/) from 21 per cent to 28 per cent.
# New manufacturing investment
Trump also announced plans to reward US-based manufacturers by expanding research and development tax credits, writing off 100 per cent of the cost of heavy machinery in the first year, and allowing full expensing for new manufacturing investments.
**Article Link:** [https://www.telegraph.co.uk/us/news/2024/09/25/donald-trump-pledges-take-jobs-from-britain-germany-china/](https://www.telegraph.co.uk/us/news/2024/09/25/donald-trump-pledges-take-jobs-from-britain-germany-china/)
he clearly has no respect for his allies, nor his own people. Trump is a dissapointment in every way.
And do them without immigrants…
He will make everyone poorer, except his closest billionaire buddies
He is a complete moron. He thinks tarrifs will be good for the US. Every economist laughs at him
He is a classic populist. Just says things he thinks people would like to hear. He prays on people’s fear, angers and desperation. He never offers any actual solutions or plan. He just says he will fix it.
But surprise surprise he passed the least legislation out of any US president in modern history
Closer to the election date, he’ll promise to make women prettier, men stronger and children… well, children don’t vote.
That’s nice of him
Sure, you can start with my laundry.
WTF does that even mean?
Donold Trump has been a terrible businessman his entire life. He squandered the fortune he inherited from his father and through his bankruptcies he has lost other people’s money as well. He has made his living being an entertainer and a grifter.
To trump means to fart in Britain…
Just saying.
The far right in Britain and Germany:
“Fuck yeah! MAGA”
Are jobs an issue in the US? I thought the US was missing workforce more than jobs?
Orange Man says a lot of things.
Would any pro-Brexit types (perhaps from the Daily Telegraph, source of this news artiicle) like to update us on that fantastic trade deal we are expecting to get with Trump’s America?
Mr. President, we have a labour shortage! I will bring back foreign jobs! Mr President, who will staff these jobs? I will deport millions of immigrants!
You cannot make this shit up. Absolutely bonkers
Did he say this while drooling or what?
Damn, that’s a lot of jobs…
Does he have a plan?
That’s going to help his election chances in the blue wall.
We ain’t got no jobs, idiot
So basically he is taking inspiration from Bidenomics just more extreme more expensive and more adversarial.
That’s interesting because I’ve got an advanced technical degree & experience and just took an EU blue card to get my family tf out before November.
Can only imagine what’ll happen if it actually goes the way I think that it might.. good luck filling those positions.
So he is promising more jobs and less immigration while the US already has basically full employment. Who exactly is going to fulfill these jobs?
An absolute flog of a human being and a russian puppet.
2/3 are USA’s biggest allies. Way to go dolan
Here’s hoping the American voters pledge to take the job from him
So he’s going to outsource now to get Americans more jobs? Hold on doesn’t he complain about people taking jobs from Americans?
If you cannot lift yourself up just drag everyone else down. Sounds like a great concept of a plan.
I mean, creating jobs and improving the world is so boring.
Britain?… we don’t have any jobs left to take!
Hahah best of luck with that.
You see it is pretty simple. But than again the UK needed to learn this through experience, so I will break it down as if I am talking to a toddler.
US – far. Europe – close. US – tariffs, taxes, and border checks on all goods coming in. Europe – one big market with zero borders, taxes, tariffs, or paperwork. Meaning it is much cheaper for companies to have factories and production facilities in Europe in order to manufacture goods to sell to the European markets.
What manufacturers will abandon a market as big as Europe on the word of a senile moron with a vocabulary consisting of 500 words he keeps using on and on?
As usual, trump spews ideas with zero plan or intention of making them a reality. Just like the wall mexico never paid for.
Bring it on you fat cunt.
At some point don’t you question your own sanity if you entertain the thought of giving power to this absolute buffoon?
As a German: Which jobs ? Maybe a start would be to stop the amount of people from The U.S. moving to Germany in order to earn way lower wages. Maybe that would give him some votes.
Reminds me of 2016 when he said he would make Mexico pay for his wall
Promises to increased import tax and then says its going to ‘take’ jobs. Literally a clown. No ones gonna buy your shit if its too expensive
As always with Trump, the difference is the truth.
The German company I‘m working for is currently holding back all new investment projects for our US sites until it‘s clear that this POS isn‘t reelected.
No sane conpany will invest in a country reigned by the orange, tariff-loving dictator.
Germany loathes him. We have taste.
Joke’s on him. We already don’t have jobs in Britain.
“its us vs. them” mentality.. that should be red flag no matter what you think
“I want German car companies to become American car companies.” Sure, that could be easily arranged at the moment. Dirty cheap.