US Political News and Trump’s China visit

Sharma Ji said:
wtf, women aren't supposed to wear their hair out open like that there.. and these bichuz be headbanging, this is muchos haram! :eek:
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I doubt you're familiar with the nightlife scene in the UAE.
 
RabzonKhan said:
Political gimmicks are nothing new, Biden did it, Trump’s first administration did it, and now Trump’s second administration is following the same pattern. Realistically, I’d be happy if even 30% of these investment promises actually materialized.

However, the fundamental difference between Biden's investment policies and Trump's approach is that Biden’s policies, like the Inflation Reduction Act and the CHIPS and Science Act (Bipartisan bill), were passed by Congress and signed into law. In contrast, Trump’s strategy lacks structured policy frameworks. It’s largely based on what Trump says in the moment, which can change weekly, daily, or even hourly.

If you're a bank or a multinational corporation, are you basing your investment decisions on vague promises and unpredictable shifts? Serious investments require concrete legislation, not just rhetoric.

Many of the companies Trump is now promoting as examples of new foreign investment had already committed funds during Biden's administration.
For instance:

TSMC pledged over 65 billion dollars during Biden's term to build three advanced semiconductor fabrication plants in Phoenix, Arizona, backed by the CHIPS and Science Act.

SoftBank is another example. During Trump’s first term, it pledged $50 billion dollars and claimed it would create 50,000 jobs. In reality, most of that money went into tech startups, which failed to deliver anywhere close to the promised number of jobs.

Now, SoftBank has pledged $100 billion dollars, again with the claim of 100,000 jobs, but where that investment will actually go is unclear.

Since Trump is promoting these investments as part of his vision to bring manufacturing back to the United States, let's compare his record with Biden's.

During Trump’s first term, the country lost more than 200,000 manufacturing jobs, though to be fair, COVID-19 was a major factor in these losses. Before the pandemic, Trump’s first three years, from 2017 to 2019, saw an average yearly gain of 166,000 manufacturing jobs.

On the other hand, Biden created nearly 800,000 new manufacturing jobs, averaging close to 200,000 jobs per year, a significantly stronger record.

If Trump is serious about bringing back manufacturing, then like Biden, he should push policies through Congress rather than relying on verbal commitments and flashy announcements.
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This is confirmed not just talk..and there is much more...

Multiple companies are still putting big money into the U.S. economy.

  • Johnson & Johnson: On Friday, Johnson & Johnson announced manufacturing, research and development, and technology investments of more than $55 billion in the U.S. over the next four years. They say it represents a 25 percent increase in investment compared to the previous four years under President Joe Biden, crediting an increase in investment levels to the 2017 Tax Cuts & Jobs Act. Also on Friday, the company broke ground on a 500,000-square-foot biologics manufacturing facility in Wilson, North Carolina.
  • SoftBank: On Monday, SoftBank CEO Masayoshi Son visited Trump at Mar-a-Lago and announced a $100 billion investment over the next four years with a promise to create 100,000 jobs focused on artificial intelligence and related infrastructure, according to CNBC.
  • United Arab Emirates: After a meeting with Trump, the United Arab Emirates committed to a 10-year, $1.4 trillion agreement with the U.S. that will sustain existing investments in AI infrastructure, semiconductors, energy, and American manufacturing, according to Reuters.
  • Taiwan Semiconductor Manufacturing Company: Semiconductor giant TSMC announced earlier this month in response to Trump's tariffs threat on foreign chips that it would invest another $100 billion into its U.S. operations. The anticipated new chip fabrication plants, two advanced packaging facilities, and a new research and design center will increase the company's total investment in Phoenix to $165 billion—the largest foreign direct investment in U.S. history.
  • In January, Trump announced a $500 billion private investment in AI infrastructure led by OpenAI, Oracle and SoftBank.
  • Apple: Tech giant Apple announced a $500 billion investment.
  • Nvidia: On Thursday, the White House announced that chipmaker Nvidia would invest hundreds of billions of dollars over the next four years in U.S.-based manufacturing operations.
 
RabzonKhan said:
I doubt you're familiar with the nightlife scene in the UAE.
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I know all that well, Rabzon ji.. Ukraine, Russia, BeloRussian 'scene' there

but official functions wise, spl in the ultra-conservative kingdom.. is a bit of a rarity.

also, these were very young kids here, barely adolescent... and wearing hair out open is legit till they reach a certain age.
 
RabzonKhan said:
That welcoming ceremony was truly lacking in taste. A clear reminder that wealth doesn't always come with class.
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That the people mostly the youth of the UAE welcoming Trump..

Check here from 11:54 mn.. if you want to talk about class..

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