Chinese Billionaire Jack Ma Planned To Bring 1 Million Jobs To US, Citing Trump Tariffs He Will Not Longer Do So

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Jack Ma, founder and chairman of Chinese retail giant Alibaba, says the company no longer plans to create 1 million jobs in the United States in the wake of the silly ongoing trade conflict between the U.S. and China.

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Ma made his original job creation pronouncement during a high-profile meeting with racist Donald Trump in January 2017 before Trump’s inauguration as president.

 

“The promise was made on the premise of friendly US-China partnership and rational trade relations,” Ma told Chinese news site Xinhua on Wednesday. “That premise no longer exists today, so our promise cannot be fulfilled.”

Ma, who recently announced that he will step down as Alibaba chairman within a year, added that the company would “not stop working hard to contribute to the healthy development of China-US trade.”

 

Ma’s comments come on the heels of a recent new round of tariffs from both China and the U.S. that will affect billions of dollars worth of goods as the two countries have failed to reach a deal to resolve the Trump administration’s concerns about China’s trade practices.

 

Written By: Tommy Lightfoot Garrett
Photographs are Courtesy:   AP
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