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Billionaire Trump donor and tariff advocate is moving his Ohio manufacturing plant to China: report
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Billionaire Trump donor and tariff advocate is moving his Ohio manufacturing plant to China: report
John Paulson, who is worth an estimated $4 billion, previously spoke out against offshoring American manufacturing jobswww.yahoo.com
Cue the sad trombone: Hedge fund billionaire John Paulson — a major Trump donor and advocate of tariffs — is shuttering his Ohio brass instrument plant and offshoring work to China, according to a new report.
Paulson’s company Conn Selmer, the nation's top maker of orchestral and brass instruments, notified employees it will shift most of its East Lake plant operations to Asia by July, triggering about 150 layoffs, The Guardian reported.
Employees were informed of the decision last month, when they expected to negotiate a new union contract, according to United Auto Workers Local 2359, which represents the workers.
The employees said the company unveiled a new plant in China in 2025, and that work has slowly shifted to that location. However, workers in Ohio had previously been told their jobs were not in jeopardy.
Workers there expressed deep dissatisfaction with the decision, with one saying, “It really pisses me off,” while another said they felt “betrayed.”
You already have people in the comments section on those videos talking about how other media outlets will not show this, etc. Basically they are saying that black folks should listen and follow this woman in the video solely based on her being black (Because her opinion aligns with their opinion on President Trump). None of them take into account actual facts on what President Trump has done a few days ago, let alone his whole life that show how anti-black he is.
The education system failed this lady. If she and her family took accountability for her grandson living a street life the outcome would have been different. It starts at home.
The education system failed this lady. If she and her family took accountability for her grandson living a street life the outcome would have been different. It starts at home.
Actual and factual, well said!What she don't get is when folks have TRIED to help with issues-folks like her and enablers don't like what is being offered. Because it required accountability for everyone.
He'll find another way to do it because he intentionally operates outside of the law. It is a circular type of thing, it is easy to see. Pick any law to claim authority for unilaterally imposing tariffs, spend a year fighting any challenges to that authority in the lower courts all the way up to the high court. If the high court rules against him again he'll just repeat the cycle by cherry picking another law, always buying himself a year's worth of time, before a final ruling from the high court is issued again.![]()
Supreme Court strikes down most of Trump's tariffs in a major blow to the president
The decision does not affect all of Trump's tariffs but invalidates those implemented using an emergency law.www.nbcnews.com