Thursday, September 28, 2023
manilastandard.net
ADVERTISEMENT
  • About
  • News
    • Top Stories
    • National
    • World News
    • Pinoy Abroad
    • Features
  • Opinion
    • Editorial
    • Columns
    • Soundbytes
  • LGUs
    • NCR
    • Luzon
    • Visayas
    • Mindanao
  • Business
    • Corporate
    • Economy & Trade
    • Stocks
    • Money
    • Agri & Mining
    • Power & Tech
    • IT & Telecom
  • Sports
    • Basketball
    • Volleyball
    • Fightsports
    • Active
    • Sports Plus
    • One Championship
    • Columns
  • Entertainment
    • TV & Movies
    • Celebrity Profiles
    • Music & Concerts
    • Digital Media
    • Columns
  • Lifestyle
    • Food
    • Culture & Media
    • Fashion
    • Health and Home
    • Leisure
    • Shopping
    • Columns
    • Young Life
  • Special Pages
    • Pets
    • Tech
      • Gadgets
      • Computers
      • Business
      • Tech Plus
    • On the Road
      • Sedan
      • SUV
      • Truck
      • Bike
      • Accessories
      • Motoring Plus
      • Commuter’s Corner
    • Home & Design
      • Residential
      • Commercial
      • Construction
      • Interior
    • Spotlight
    • Cravings
    • Environment & Sustainability
    • Agriculture
    • Pop.Life
      • Newsmakers
      • Hangouts
      • A-Pop
      • Post Its
      • Performances
      • Malls & Bazaars
      • Hobbies & Collections
    • Events
      • Seminars
      • Exhibits
      • Community
    • Biyahero
      • Travel Features
      • Travel Reels
      • Travel Logs
    • Gallery
      • Photos
      • Videos
  • Advertise with Us
No Result
View All Result
  • About
  • News
    • Top Stories
    • National
    • World News
    • Pinoy Abroad
    • Features
  • Opinion
    • Editorial
    • Columns
    • Soundbytes
  • LGUs
    • NCR
    • Luzon
    • Visayas
    • Mindanao
  • Business
    • Corporate
    • Economy & Trade
    • Stocks
    • Money
    • Agri & Mining
    • Power & Tech
    • IT & Telecom
  • Sports
    • Basketball
    • Volleyball
    • Fightsports
    • Active
    • Sports Plus
    • One Championship
    • Columns
  • Entertainment
    • TV & Movies
    • Celebrity Profiles
    • Music & Concerts
    • Digital Media
    • Columns
  • Lifestyle
    • Food
    • Culture & Media
    • Fashion
    • Health and Home
    • Leisure
    • Shopping
    • Columns
    • Young Life
  • Special Pages
    • Pets
    • Tech
      • Gadgets
      • Computers
      • Business
      • Tech Plus
    • On the Road
      • Sedan
      • SUV
      • Truck
      • Bike
      • Accessories
      • Motoring Plus
      • Commuter’s Corner
    • Home & Design
      • Residential
      • Commercial
      • Construction
      • Interior
    • Spotlight
    • Cravings
    • Environment & Sustainability
    • Agriculture
    • Pop.Life
      • Newsmakers
      • Hangouts
      • A-Pop
      • Post Its
      • Performances
      • Malls & Bazaars
      • Hobbies & Collections
    • Events
      • Seminars
      • Exhibits
      • Community
    • Biyahero
      • Travel Features
      • Travel Reels
      • Travel Logs
    • Gallery
      • Photos
      • Videos
  • Advertise with Us
No Result
View All Result
manilastandard.net
No Result
View All Result
Home Business

Trump’s order rankles US business

AFPbyAFP
January 31, 2017, 8:35 pm
in Business
Reading Time: 3 mins read
A A
Share on FacebookShare on TwitterShare on Email

By Luc Olinga

NERW YORK”•Many American businesses are publicly breaking with President Donald Trump over his anti-immigration policies, saying they could damage competitiveness by limiting access to the best and brightest employees.

Criticism of Trump’s order has been most virulent in Silicon Valley, where chiefs of tech firms Apple, Microsoft, Airbnb and Google were among those to blast the policy, unveiled late Friday, which prohibits people from seven predominantly Muslim countries from entering the United States, and includes a temporary ban on refugees.

Protests erupted at airports nationwide over the weekend, while lawsuits led to judges blocking parts of the order, which initially prevented some legal US residents from returning home.

Demonstrators protest against US President Donald Trump and his administration’s ban of travelers from 7 countries by executive order, during a rally outside the US Supreme Court in Washington, DC, on January 30, 2017. Trump’s executive order suspended the arrival of all refugees for at least 120 days, Syrian refugees indefinitely–and bars citizens from Iran, Iraq, Libya, Somalia, Sudan, Syria and Yemen for 90 days. Protests are taking place at airports across the country in opposition to the ban. AFP

Netflix CEO Reed Hastings called the policies “un-American.”

Executives outside of the technology industry have joined in pointing out the perils of the immigration policies as well, although they are more cautious about provoking the administration, which is expected to pursue favored policies such as tax cuts and regulatory relief.

Any criticism could trigger blowback from Trump, who has frequently lambasted individual companies, including Ford, General Motors, Toyota, Boeing and Lockheed.

Looking out for employees

Company chiefs, in messages to employees, have emphasized the importance of a diverse workforce and promised to support employees. 

“This is not a policy we support,” Goldman Sachs chief executive Lloyd Blankfein told employees in a recorded voice mail. 

“I want to assure all of you that we will work to minimize such disruption to the extent we can within the law and are focused on supporting our colleagues and their families who may be affected.”

JPMorgan Chase CEO Jamie Dimon, who is on a council of corporate chief executives tasked with advising Trump on job growth, promised “unwavering commitment” to staff in a statement.

Goldman and JPMorgan have vast international businesses that advise and provide financing to foreign governments, multinationals and private individuals.

Boston-based General Electric, whose chief executive Jeff Immelt, also sits on a Trump business advisory board, came out against the policy.

“We have many employees from the named countries and we do business all over the region,” Immelt said. “We stand with them and will work with the US Administration to strive to find the balance between the need for security and the movement of law abiding people.”

Last week, Iraq signed a billion-dollar deal with GE for the construction of two power plants. But the Iraqi government has criticized Trump for targeting the country in the ban, and parliament urged the government to retaliate against Americans entering the country if Washington refuses reconsider.

GM, which Trump has criticized for building cars in Mexico, sent a statement to all employees on Sunday saying a few are from countries affected by the order, and pledging to provide support to any worker who encounters difficulty while traveling.

Stressing that it welcomes individuals of all races, nationality, gender, culture or sexual orientation, GM said, “Empowering these unique perspectives keeps GM on the cutting edge of technological innovation in the fast-paced automotive industry.”

And Ford, which also has sparred with Trump over its Mexican operations, criticized the immigration policy, saying the company is “proud of the rich diversity” of workers. 

“That is why we do not support this policy or any other that goes against our values as a company.”

Boeing, which has been a Trump target for high costs of the Air Force One presidential airplane, did not respond to AFP requests for comment.

ExxonMobil, whose former chief executive is in line to be Trump’s secretary of state, also did not respond to requests for comment. ExxonMobil has projects in Yemen, one of the seven countries affected by the ban.

The US Chamber of Commerce said the policy is creating confusion for companies with employees who are legal residents or dual nationals.

A Chamber spokesperson told AFP “we hope the administration can quickly clarify how these will be handled.”

Tags: American businessesanti-immigration policiesMuslim countriesPresident Donald TrumpSilicon Valleytemporary ban on refugeesTravel ban
ADVERTISEMENT
AFP

AFP

Related Posts

Cebu Pacific discloses plan to acquire Boeing fleet

byDarwin G. Amojelar
September 28, 2023, 4:12 pm
0
8
World population reaches 8 billion and still growing but at slower pace

Cebu Air Inc., operator of low-cost carrier Cebu Pacific, said Thursday it plans to purchase narrow-body aircraft  from US plane...

Read more

Filinvest Land to dissolve 2 units

byJenniffer B. Austria
September 28, 2023, 2:50 pm
0
8
Filinvest Land raises P10b from fixed-rate bonds

Property developer Filinvest Land Inc. (FLI) said Thursday it will dissolve two subsidiaries to streamline its corporate structure. FLI said...

Read more

PSA deploys ‘PhilSys on Wheels’ to remote areas

byManila Standard Business
September 28, 2023, 11:37 am
0
8
PSA deploys ‘PhilSys on Wheels’ to remote areas

The Philippine Statistics Authority (PSA) said Thursday it is amplifying efforts to register Filipinos residing in far-flung areas to the...

Read more

PPP Code nears enactment

byManila Standard Business
September 28, 2023, 11:31 am
0
8
PPP Center pushing metro subway mode

The Public-Private Partnership (PPP) Center said Thursday it welcomes the ratification of the Bicameral Conference Committee Report on the disagreeing...

Read more

Finastra, Tonik renew digital banking tie-up in the Philippines

byManila Standard Business
September 28, 2023, 11:25 am
0
8
Neobank Tonik says deposits surpass P5b

Finastra renewed its partnership to power Tonik’s end-to-end core banking capabilities with Finastra Essence in the Philippines. Under the new...

Read more

DBM welcomes speedy House approval of 2024 budget

byJulito G. Rada
September 28, 2023, 11:21 am
0
8
DBM: ’22 budget can be modified for Omicron aid

The government is on track to achieving its development goals following the speedy approval of the 2024 General Appropriations Bill...

Read more

Print Edition

View More

Recent Posts

  • Cebu Pacific discloses plan to acquire Boeing fleet
  • Cebuana Lhuillier Bank joins forces with Temenos to revolutionize financial services for Filipinos
  • Ham Seo Hee sees ONE world title as ‘final achievement’ to illustrious career 
  • Filinvest Land to dissolve 2 units
  • Misamis Occidental Governor underscores peace and order as keys to progress
  • In divided US, women crisscross country for abortion care
  • Ukraine claims 30 drones downed in major Russian UAV attack
  • ‘Dame Time’ in Milwaukee as NBA Blazers trade Lillard to Bucks

Advertisement

Latest News

In divided US, women crisscross country for abortion care

byAFP
September 28, 2023, 2:00 pm
0
8
In divided US, women crisscross country for abortion care

A year after the US Supreme Court abolished nationwide access to abortion care, many American women are settling into a...

Read more

Ukraine claims 30 drones downed in major Russian UAV attack

byAFP
September 28, 2023, 1:11 pm
0
8
Rapper Drakeo the Ruler fatally stabbed at LA festival

The Ukrainian military claimed on Thursday that Russia had launched a "massive" drone attack overnight and that more than 30...

Read more

‘Dame Time’ in Milwaukee as NBA Blazers trade Lillard to Bucks

byManila Standard Sports
September 28, 2023, 12:58 pm
0
8
‘Dame Time’ in Milwaukee as NBA Blazers trade Lillard to Bucks

Damian Lillard will now be a teammate to Giannis Antetokounmpo of the Milwaukee Bucks. AFP Los Angeles (AFP) -- Damian...

Read more

BingoPlus welcomes new picks at PBA Season 48 Rookie Draft

byManila Standard Sports
September 28, 2023, 12:53 pm
0
8
BingoPlus welcomes new picks at PBA Season 48 Rookie Draft

The end of the recent success of the FIBA World Basketball World Cup 2023 marks the beginning of the most...

Read more

Unleashing the Potential of Tomorrow: GPCCI Mabuhay Germany Event 2023 Set to Drive Innovation and Growth

byManila Standard
September 28, 2023, 12:38 pm
0
8
Unleashing the Potential of Tomorrow: GPCCI Mabuhay Germany Event 2023 Set to Drive Innovation and Growth

Build business ties, economic partnerships, and trade connections at the upcoming Mabuhay Germany 2023! Organized by the German-Philippine Chamber of...

Read more

Advertisement

ADVERTISEMENT
Facebook Twitter Instagram Youtube

ABOUT US

Manila Standard

Manila Standard website (manilastandard.net), launched in August 2002, extends the newspaper’s reach beyond its traditional readers and makes its brand of Philippine news and opinion available to a much wider and geographically diverse readership here and overseas.

Digital Edition

In tone and content, the online edition mirrors the editorial thrust of the newspaper. While hewing to the traditional precepts of fairness and objectivity, MS believes the news of the day need not be staid, overly long or dry. Stories are succinct, readable and written in a lively style that has become a hallmark of the newspaper.

Download – Today’s Paper

Search

No Result
View All Result

6th Floor Universal Re Bldg., 106 Paseo De Roxas cor. Perea Street, Legaspi Village, 1226 Makati City Philippines

Trunklines: 832-5554, 832-5556, 832-5558

© 2021 Manila Standard - Designed and Developed by Neitiviti Studios.

No Result
View All Result
  • About
  • News
    • Top Stories
    • National
    • World News
    • Pinoy Abroad
    • Features
  • Opinion
    • Editorial
    • Columns
    • Soundbytes
  • LGUs
    • NCR
    • Luzon
    • Visayas
    • Mindanao
  • Business
    • Corporate
    • Economy & Trade
    • Stocks
    • Money
    • Agri & Mining
    • Power & Tech
    • IT & Telecom
  • Sports
    • Basketball
    • Volleyball
    • Fightsports
    • Active
    • Sports Plus
    • One Championship
    • Columns
  • Entertainment
    • TV & Movies
    • Celebrity Profiles
    • Music & Concerts
    • Digital Media
    • Columns
  • Lifestyle
    • Food
    • Culture & Media
    • Fashion
    • Health and Home
    • Leisure
    • Shopping
    • Columns
    • Young Life
  • Pets
  • Tech
    • Gadgets
    • Computers
    • Business
    • Tech Plus
  • ON THE ROAD
    • Sedan
    • SUV
    • Truck
    • Bike
    • Accessories
    • Motoring Plus
    • Commuter’s Corner
  • Home & Design
    • Residential
    • Commercial
    • Construction
    • Interior
  • Spotlight
  • Cravings
  • Environment & Sustainability
  • Agriculture
  • Pop.Life
    • Newsmakers
    • Hangouts
    • A-Pop
    • Post Its
    • Performances
    • Malls & Bazaars
    • Hobbies & Collections
  • Events
    • Seminars
    • Exhibits
    • Community
  • Biyahero
    • Travel Features
    • Travel Reels
    • Travel Logs
  • Gallery
    • Photos
    • Videos
  • Advertise with Us

© 2021 Manila Standard - Designed and Developed by Neitiviti Studios.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Install Manila Standard Web App

Install App