Foxconn Announces U.S. Factory In Potential Win for Trump

The Takeaway | Jul 27, 2017

Click on the 'Listen' button above to hear this interview. 

Yesterday, Taiwanese electronics behemoth Foxconn announced new plans to build a factory in Wisconsin. The company says the move could bring 3,000 jobs and up to 10 billion dollars in total investment.

President Trump hosted Foxconn chairman Terry Gou yesterday at the White House, where the president took credit for the deal and for suggesting the new factory's location in the swing state of Wisconsin.

Foxconn says the deal is the first of many investments in the US. But the details of the project remain unclear. A 2013 Foxconn plan to bring a high-tech factory to Pennsylvania, along with 500 jobs, never panned out.

Heather Long, economics reporter for The Washington Post, joins The Takeaway to explain what Foxconn’s move means for US trade policy and the politics of US manufacturing.

This segment is hosted by Todd Zwillich.

 

WNYC is funded by sponsors and member donations

Top Stories

Throngs of Knicks fans surge into Lower Manhattan to witness historic parade

The Knicks, NBA champions for the first time since 1973, rolled up Broadway in their first-ever ticker-tape parade.
Gothamist |

How an alleged NYC real estate scammer stayed in business despite years of complaints

Renters accuse a self-described real estate adviser of stealing their money. Getting it back has proved difficult.
Gothamist |

What Are Ultra-Processed Foods and What Are They Doing to Us?

Kevin Hall discusses his groundbreaking research tracking how bodies respond to ultra-processed foods.
The Brian Lehrer Show |

How to be a Good New York City Tour Guide

All Of It with Alison Stewart |
YOU ARE ONLINE