MAGA billionaire who opposed offshoring is offshoring 150 Ohio jobs to China

"We can't have American producers closing American factories and offshoring," hedge fund billionaire John Paulson told CNBC in September 2024. "We need to protect American jobs and protect American manufacturing."

Paulson is now closing the Eastlake, Ohio plant of Conn-Selmer — America's biggest maker of band and orchestra instruments — and moving tuba, sousaphone, and student French horn production to a new factory in Qidong, China. — Read the rest

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