Wednesday , 22 January 2025
Home Forex Trump says costs of automation way above the benefits offered – especially for port work
Forex

Trump says costs of automation way above the benefits offered – especially for port work

Trump says the amount of money saved by automation is nowhere near
the distress, hurt, and harm it causes for American workers, in this
case, our longshoremen.

I’m not sure of the implications of Trump’s anti-automation stance here. An end to the use of shipping containers perhaps? Forklifts, trucks? Dunno.

More info, via Reuters:

  • Trump made the comment in a post on Truth Social after a
    meeting with International Longshoremen’s Association President
    Harold Daggett and Executive Vice President Dennis Daggett.

This article was written by Eamonn Sheridan at www.forexlive.com.

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles

ECB’s Stournaras says rates should be close to 2% by end of the year

He had previously say that the ECB should continue with "a series...

ECB’s Knot sees little obstacle to another rate cut next week

Data is encouraging, confirms that we'll return to targetHopes to see recovery...

Today’s Bitcoin Futures Analysis

TradeCompass for Bitcoin Futures Analysis – January 22, 2025Current Price of Bitcoin...

FX option expiries for 22 January 10am New York cut

There are a couple to take note of on the day, as...