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Reading: ‘Certain US-based manufacturers dream of seeking protection under the shield wielded by the new Captain America’
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Home » Blog » ‘Certain US-based manufacturers dream of seeking protection under the shield wielded by the new Captain America’
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‘Certain US-based manufacturers dream of seeking protection under the shield wielded by the new Captain America’

Henry Blake
Henry Blake
11 months ago
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A shirt that represents the US President Donald Trump in a suit of Captain America, duration of a demonstration in Miami, Florida, on November 5, 2020.
A shirt that represents the US President Donald Trump in a suit of Captain America, duration of a demonstration in Miami, Florida, on November 5, 2020. Chandan Khanna / AFP

TOMerican multinationals, like their European counterparts, do not appreciate the trade provided by the president of the United States, Donald Trump. The publication of its results of the first quarter on Wednesday, April 23 was an opportunity for colleagues such as the post-IT 3M manufacturer, the AT&T telecommunications operator and the medical team specialist Boston Scientific to warn about the harmful consequences of this policy. Be it a recession, inflation or scarcity, Conerns is increasing through the Atlantic. However, some Dissing voices are emerging. Are these the voices that Trump lists? Because certain manufacturers based in the United States dream of seeking protection under the shield exercised by the new “Captain America”. Special if the steel that forged does not come from Canada, but from Pittsburgh, Pennsylvania.

This is the case of Whirlpool. Marc Bitzer, the CEO of the refrigerator giant, received on Wednesday the border taxes that probably eliminate the undue advantages enjoyed by their foreign competitors. “Since 2020, Asian producers have exploded ‘lagoons'” in customs barriers, creating a price gap of $ 70 (€ 62) by domestic apparatus, to the detriment of American industrialists, argued the firm based in Michigan. It produces most of its washing machines and other refrigerators in the United States, where it generates 80% of its income. Additional sales in the domestic market can compensate for a decrease in their exports to Europe or Asia.

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