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I am not sure about that, it sound like they lost money. Who is the con artist who lined their own pocket in this story? Is this about tariffs?
by Jon_Lowtek 6y ago
I am not sure about that, it sound like they lost money. Who is the con artist who lined their own pocket in this story? Is this about tariffs?
- AaronFriel 6y agoHad the state of Wisconsin not wised up last minute and begun a legal battle over the billions in subsidies Foxconn would receive, then they would have done quite nicely. Fortunately the political pressure mounted as the plant didn't materialize as promised.
- Jon_Lowtek 6y agofrom what i known of the contracts foxconn would need to return the subsidies if they fail the even higher target numbers in the next years, and they don't just get the money, it is in escrow for years, and those multi-billion sums are figures calculated against decades ... i mean i know of Trumps pump&dump deals and everyone wants this whole thing to match some simple scam with foxcon on the evil side, but this doesn't look like the corporation is benefiting at all from failure. That's why i asked if this is a tariffs thing, if they get benefits on some other track, because it looks like they are loosing big for even trying to invest in the USA.