XPost: or.politics, ca.politics, fl.politics   
   XPost: alt.economics, rec.aviation.military   
   From: sss@example.de   
      
   On 11/9/2024 7:56 PM, Baxter wrote:   
   > And now for the second part of the question:   
   >   - How will tariffs reduce inflation and prices?   
      
   LIKE THIS:   
      
   https://prosperousamerica.org/economic-view-tariff-jumping-inves   
   ment-the-success-of-the-2018-washing-machine-tariffs/   
      
   It’s a similar story in Newberry, South Carolina, where Samsung built an   
   appliance facility in 2018. In 2017, recognizing that the Trump   
   administration was determined to clamp down on washer imports, Samsung   
   announced plans to invest $350 million to build a manufacturing facility   
   in Newberry, South Carolina with 1,000 employees. In 2020, Samsung   
   invested an additional $120 million to expand the facility, which now   
   employs 1,200.   
      
   Newberry is a smaller, more rural and agricultural area than   
   Clarksville. Located 40 miles northwest of Columbia, Newberry County’s   
   population is just 38,000. Samsung is one of only two manufacturers in   
   the county with more than 1,000 employees. The other is a food   
   processing company. As a relatively high-tech appliance manufacturer   
   that designs as well as manufactures products, Samsung has had a   
   significant impact on business, jobs, and prosperity in Newberry County.   
   According to a local news report last October, the “Samsung effect” in   
   Newberry has contributed to investment in new housing developments, new   
   restaurants and other new businesses in the area. The report quoted John   
   Worthington, Executive Chef at local restaurant Figaro the Dining Room,   
   who said: “with these bigger corporations like Samsung coming in,   
   they’re bringing in good-paying jobs which makes the economy and the   
   town better.” Figaro is currently advertising for employees.   
      
   --- SoupGate-DOS v1.05   
    * Origin: you cannot sedate... all the things you hate (1:229/2)