The US is on the Verge of a Business Boom
Crossroads with Joshua Philipp
The Epoch Times
4.9 • 594 Ratings
🗓️ 18 December 2024
⏱️ 68 minutes
🧾️ Download transcript
Summary
A large campaign is underway to bring manufacturing and investment back to the United States. The incoming Trump administration is working on incentives for foreign investors and will be using tariffs and low taxes as methods to revive domestic manufacturing.
Already it seems to be having an effect. Major investment projects are already being announced, and business leaders are traveling to President-elect Donald Trump’s home at Mar-a-Lago for meetings ahead of the Jan. 20, 2025, presidential inauguration.
Transcript
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| 0:00.0 | Welcome to Crossroads and thank you for tuning in. |
| 0:11.6 | The United States could soon experience a business boom. |
| 0:15.4 | Major investments like a $100 billion investment from SoftBank are being announced as a new push to bring manufacturing |
| 0:23.5 | back to the United States, which is currently underway with incoming President Donald Trump. |
| 0:29.4 | And as this happens, we're also seeing some new support for the incoming administration among |
| 0:33.7 | big tech leaders. This is a pretty big shift from the elections in 2020 when many of them were on the other side. And now you have big tech leaders. This is a pretty big shift from the elections in 2020 when many of them |
| 0:39.3 | were on the other side. And now you have big tech companies and CEOs even donating to Trump's |
| 0:44.2 | inaugural fund. And meanwhile, history was made last week for the first time ever a nativity scene |
| 0:51.2 | was displayed on the steps of the U.S. Capitol. That's right, for the first time |
| 0:56.0 | in U.S. history. And also the White House has just established the China Censorship Monitor and |
| 1:02.1 | Action Group to monitor and address the Chinese Communist Party's efforts to censor and intimidate |
| 1:08.8 | United States citizens. This is a big deal. |
| 1:11.6 | I'll be going to these topics and more today, so let's jump into it. |
| 1:15.6 | A large campaign is underway to bring manufacturing and investment back to the United States. |
| 1:22.6 | The incoming Trump administration is working on incentives for foreign investment. |
| 1:26.6 | It's also going to be |
| 1:28.1 | using tariffs and taxes, low taxes for businesses, as methods to lure back domestic manufacturing. |
| 1:35.8 | Now, already, even with Trump not in office, this is having a huge effect, to the extent that even the |
| 1:42.3 | tariffs are potentially collapsing the current Canadian |
| 1:45.0 | government, as you may have been watching. |
| 1:47.7 | Now major investment projects are already being announced and business leaders are traveling |
| 1:53.6 | to President-elect Donald Trump's home at Marilago for meetings ahead of the January 20th presidential |
... |
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