Thanks, Trump.
Chinese tech giant Alibaba will no longer bring the 1 million jobs it had promised to the U.S. because the hostile trade environment created by President Donald Trump and his ongoing tariff conflict with China has made such a plan impossible, the company’s co-founder and chairman Jack Ma announced this week.
In a Xinhua News Agency interview published Tuesday, the billionaire business magnate said the jobs promise — originally floated early last year — had been predicated on a “friendly U.S.-China partnership and the rational and objective premise of bilateral trade.”
“[The] current situation has already destroyed the original premise,” Ma said. “There is no way to deliver the promise.”
https://www.huffingtonpost.com/entr...-tariff-war-china_us_5ba336c0e4b069d5f9cfda9a
Chinese tech giant Alibaba will no longer bring the 1 million jobs it had promised to the U.S. because the hostile trade environment created by President Donald Trump and his ongoing tariff conflict with China has made such a plan impossible, the company’s co-founder and chairman Jack Ma announced this week.
In a Xinhua News Agency interview published Tuesday, the billionaire business magnate said the jobs promise — originally floated early last year — had been predicated on a “friendly U.S.-China partnership and the rational and objective premise of bilateral trade.”
“[The] current situation has already destroyed the original premise,” Ma said. “There is no way to deliver the promise.”
https://www.huffingtonpost.com/entr...-tariff-war-china_us_5ba336c0e4b069d5f9cfda9a