Singapore among countries stealing US jobs: Trump

Singapore among countries stealing US jobs: Trump

Speaking at a campaign rally in Florida, Republican presidential candidate Donald Trump told his supporters that they are "living in through the greatest jobs theft in the history of the world".

WASHINGTON, DC: Republican presidential candidate Donald Trump has said that countries in Asia such as China, India and Singapore are taking away jobs from Americans.

Speaking at a campaign rally in Florida on Sunday (Nov 6), Trump told his supporters that they are “living through the greatest jobs theft in the history of the world”, saying that the United States has lost about 70,000 factories since China joined the World Trade Organisation.

"There's never been a country that's lost jobs like we do, so stupidly, so easy to solve," he said.

"Goodrich Lighting Systems laid off 255 workers and moved their jobs to India. Baxter Health Care laid off 199 workers and moved their jobs to Singapore. It's getting worse and worse and worse."

He singled out Florida, a key battleground state at every election due to its 29 Electoral College votes on offer, as one of the states keenly affected by the jobs’ flight.

"Florida has lost one in four of its manufacturing jobs since the North American Free Trade Agreement (NAFTA), a deal signed by Bill Clinton and supported by Hillary," he said.

Trump also spoke about his plans to ensure companies avoid retrenching workers in Florida, saying they would be taxed heavily if they returned to the US.

“If a company wants to fire their workers, leave Florida, move to another country, and then shift their product back into the United States, we will make them pay a tax of 35 per cent,” he said.

"They're never going to leave this country. They're never leaving. They're never going to leave this country. A Trump administration will renegotiate NAFTA. If we don't get the deal we want, we will terminate NAFTA and get a much better deal for our workers."

Trump then took another dig at Democratic rival Hillary Clinton, when he said he would nix the Trans-Pacific Partnership (TPP), which he claims would kill off American jobs. Clinton has called the TPP the “gold standard” of trade deals.

"Yeah, it's the gold standard for other countries, not for us,” said Trump. “The gold standard for the countries that want to be part of that deal."

Trump added: "As part of our plan to bring back jobs, we're going to lower taxes on American business from 35 per cent to 15 per cent. We're the highest taxed nation in the world, one of the main reasons companies are leaving. We will massively cut taxes for the middle class, also."

Source: CNA/rw