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The Guardian - US
The Guardian - US
Business
Michael Sainato

Trump donor who criticized offshoring to close Ohio plant and move work to China

Donald Trump and John Paulson, both wearing suits, shake hands
Donald Trump, right, shakes hands with John Paulson during a meeting of the Economic Club of New York on 12 November. Photograph: Seth Wenig/AP

John Paulson, a hedge fund billionaire and one of Donald Trump’s earliest Wall Street backers, is planning to offshore an Ohio manufacturing plant to China despite heavy pushback from employees.

Workers at the plant call the move “a slap in our face”, after Paulson vocally defended domestic manufacturing, and are fighting to keep the plant open.

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