Trump referred to as Amazon's abrupt New York HQ2 cancellation a 'large loss' and blamed the 'radical left' for the result (AMZN)
- President Donald Trump referred to as Amazon’s choice to not transfer ahead with its HQ2 plans within the Lengthy Island Metropolis neighborhood of Queens a “large loss for New York Metropolis.”
- “It is the form of considering that our nation goes to on the left, on the unconventional left,” Trump mentioned at a press convention on Friday. “However, in the end, it isn’t good for jobs and it isn’t good for the financial system.”
- Many New York politicians and native activists pushed again on Amazon’s plans to open a part of its second headquarters in Lengthy Island Metropolis, Queens, citing considerations that HQ2 may enhance homelessness charges, ship rents skyrocketing, paralyze public transportation, and create different issues for residents.
President Donald Trump is blaming the “radical left” for Amazon’s choice to ditch New York as the positioning of its second quarters.
In a press convention on Friday, Trump mentioned that Amazon’s choice to not go forward with its HQ2 plans within the Lengthy Island Metropolis neighborhood of Queens is a “large loss for New York Metropolis.”
“When you have a look at the deal, the deal was not an ideal deal … they may have made a greater deal than that — a significantly better deal,” Trump mentioned. “However nonetheless, I believe it is a loss for New York Metropolis.”
Trump famous that the $three billion in tax breaks that have been provided to Amazon weren’t a test, however as an alternative cash that will be provided over a time frame as the corporate offered jobs and taxes within the space.
Learn extra: Alexandria Ocasio-Cortez says that $three billion in tax credit ought to be given to the general public, not Amazon — and a brand new ballot exhibits that just about half of People agree
The president moreover blamed progressive critics of Amazon for the result.
“It is the form of considering that our nation goes to on the left, on the unconventional left,” Trump mentioned. “However, in the end, it isn’t good for jobs and it isn’t good for the financial system.”
“I come from New York Metropolis,” Trump added. “I like New York Metropolis.”
Final week, Amazon introduced it could not transfer ahead with plans to construct a headquarters within the Lengthy Island Metropolis neighborhood of Queens.
Amazon mentioned it made the choice as a result of “a lot of state and native politicians have made it clear that they oppose our presence and won’t work with us to construct the kind of relationships which are required to go ahead with the undertaking.”
Amazon’s plans raised considerations that the second headquarters may enhance homelessness charges, ship rents skyrocketing, paralyze public transportation, and create different issues for residents. In consequence, many New York politicians and native activists spoke out towards Amazon’s HQ2 plans over the previous couple of months.
“Amazon is a billion-dollar firm,” Rep. Alexandria Ocasio-Cortez, who represents components of Queens and the Bronx, tweeted in November. “The concept that it’ll obtain a whole lot of thousands and thousands of in tax breaks at a time when our subway is crumbling and our communities want MORE funding, not much less, is extraordinarily regarding to residents right here.”
“Providing huge company welfare from scarce public assets to one of many wealthiest companies on the planet at a time of nice want in our state is simply incorrect,” the Metropolis Council member Jimmy Van Bramer and state Sen. Michael Gianaris, every of whom represents Lengthy Island Metropolis, mentioned in a scathing joint assertion.
“We weren’t elected to function Amazon drones,” they added.
SEE ALSO: Amazon has canceled its New York Metropolis HQ2 plans. Right here’s why many New Yorkers opposed the undertaking.
Be a part of the dialog about this story »
NOW WATCH: Sneaky methods shops like H&M, Zara, and Uniqlo get you to spend extra money on garments