To prove that he could revive manufacturing in the United States, President Trump welcomed the $10 billion dollar invest by the manufacturing giant Foxconn. First announced in 2017, the company has now backtracked over its promise to bring manufacturing jobs to Wisconsin. The investment will be considerably less, and will consist of mostly engineers and researchers. The initial deal relied on a $4.8 billion dollar subsidy with the intent that they would manufacture LCD TV screens, employing thousands of blue-collar workers. The plans are being mostly scrapped as Foxconn may have realized that their idea may have been overzealous.
The cost of manufacturing in the US, regardless of the state, is much more costly than some of its overseas competitiors. Louis Woo, the special assistant to the chief executive offer said, "In terms of TV, we have no place in the US...We can’t compete.” This example highlights a problem that has become more present in the past decade. Companies are forced to use cheaper labor outside of the US. Many opponents of the subsidy saw this as a corporate giveaway and feel justified with that belief, especially with the deal being scaled back significantly.
https://www.theguardian.com/technology/2019/jan/30/foxconn-wisconsin-factory-plans-reconsidering-latest
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