Economics

Trump Celebrates Wisconsin Foxconn Facility Amid Tariff Spat

  • President attends groundbreaking for electronic screen plant
  • Criticizes nearby Harley Davidson for shifting away from U.S.
Bloomberg’s Joe Sobczyk reports on President Trump attending a groundbreaking ceremony for Foxconn’s new factory.(Source: Bloomberg)
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President Donald Trump planted a political flag in Wisconsin on Thursday, taking part in the groundbreaking ceremony for Foxconn Technology Group’s new facilities, a controversial deal that he’s embraced as a symbol of his “America First” trade policies.

The visit was an early illustration of Trump building the case that his economic policies -- particularly tax cuts and efforts to revive American manufacturing -- are paying off ahead of the November midterm elections that will determine control of Congress. Tariffs Trump has leveled in trade disputes with China and Europe are raising investor concerns about the economic outlook.