Fighter jet giants look to move production to India

Donald Trump may meet his match when he goes toe-to-toe with another world leader who’s showing prowess at strong-arming American companies into helping make his country great again.

(FOX)- Lockheed Martin and Boeing are the two major companies involved in discussions to build fighter aircraft production plants in India as part of that country’s “Make in India” initiative, which is essentially a mirror-image of President-elect Trump’s aggressive desire to keep manufacturing jobs within the United States.

Trump has made retaining blue-collar jobs a post-election priority, and he’s already had a high-profile success in preventing the loss of several hundred jobs at Indiana’s Carrier plant.

“The U.S. is going to substantially reduce taxes and regulations on businesses, but any business that leaves our country for another country, fires its employees, builds a new factory or plant in the other country, and then thinks it will sell its product back into the U.S. without retribution or consequences, is WRONG!” Trump said in a series of Sunday tweets.

Trump earlier this week also showed a willingness to go after jet maker Boeing, in particular, when he publicly sparred with the company over the cost of a new Air Force One fleet.

(Read More)

js.cloudflare.com/ajax/libs/jquery/3.1.1/jquery.min.js">