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A Newsweek investigation has found that in at least two of Trump’s last three construction projects, Trump opted to purchase his steel and aluminum from Chinese manufacturers rather than United States corporations based in states like Pennsylvania, Ohio, Michigan and Wisconsin.
Of Trump’s last three construction projects, the first to use Chinese steel was Trump International Hotel Las Vegas, which opened in 2008. That the manufacturer is from China is not immediately evident; this fact is hidden within a chain of various corporate entities, including holding companies registered in the British Virgin Islands. That micro-state is a popular site for obscure off-shore entities that exist only on legal documents, limiting the potential liability of real businesses while obscuring their true owners.
With such layers upon layers of corporate shells and divisions, builders like Trump can purchase their steel from less-expensive Chinese suppliers without the ultimate supplier being readily apparent. That steel was then used in the construction of the Las Vegas property.
Another recent Trump building that has used metal from China is Trump International Hotel and Tower in Chicago, which opened in 2009. For that project, Trump obtained loans from Deutsche Bank and three hedge funds that in turn used financing from George Soros, the business magnate who is the subject of many conservative conspiracy theories and is portrayed as a threat to the Republican Party. The building required tons of aluminum and Trump elected not to purchase the metal from Alcoa or any other similar American producer, but instead turn to a subsidiary of a Chinese aluminum manufacturer. Because American businesses have been turning to cheaper aluminum from overseas, the industry is collapsing. For example, in just the last two years, more than half of the country’s aluminum smelters in states like Ohio, West Virginia and Texas have closed as a result of being undercut on price by competition from overseas.
Trump purchased the aluminum used in the Chicago project for what is called the “curtain wall”—the glass and metal exterior designed to save energy. The wall is made with 11,500 panels of thermal pane glass encased in aluminum. Each of the panels is 6 feet, 3 inches, meaning they used 207,000 feet of aluminum; the precise amount of tonnage could not be determined. However, assuming an admittedly light weight of a pound per foot, American companies lost out on more than $350 million in sales.
originally posted by: Deny Arrogance
Even Trump's detractor's propoganda tactics are made in Communist China.
...at least he follows what stupid laws and policies are in place....
originally posted by: Metallicus
a reply to: theantediluvian
So you are taking issue with how Trump is legally doing business while completely ignoring Hillary doing everything illegally? Yep, that sounds about right for you.
This has been the strategy for a few months now. Quick quips based on feeling. Memes made, Social Media lit afire and the news has run it to death. When the facts emerge, the masses have moved on. It extends to every "hot button" issue.