Trump Pledges Tax Credits, Tariffs to Redirect Jobs From China
- ‘We will end our reliance on China,’ he says in Minnesota
- India and Japan are also offering fiscal aid to firms
Photographer: Luke Sharrett/Bloomberg
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President Donald Trump said he’ll punish American companies that move jobs abroad and reward firms with tax breaks for shifting work from China to the U.S., proposals aimed at hastening the decoupling of the world’s largest economies.