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Tax plan might create more competition with foreign manufacturers

Assembly line.
Employees operate sewing machines at a garment factory in Kolkata. Photo: Taylor Weidman / Bloomberg via Getty Images

The new tax law "could actually make it attractive for companies to put more assembly lines on foreign soil," according to the N.Y. Times ("New Tax Law, Billed as Boon To U.S. Plants, Could Backfire"):

Why it matters: "The Republican vision for the tax plan was to make the United States a more competitive place to do business."