Alibaba to create 1 million USA jobs because of Trump

Trump isn't even President yet and he's getting companies to create millions of new USA jobs with his proposed corporate business tax cuts
Trump isn't even President yet and he's already getting companies to create millions of new USA jobs with his proposed corporate business tax cuts. What a breathe of fresh air!

Alibaba executive chairman Jack Ma is meeting with U.S. president-elect Donald Trump on Monday to discuss plans to create 1 million new U.S. jobs over the next five years.

The Monday meeting will focus on the Chinese e-commerce company's U.S. expansion plans, according to spokespeople for both Alibaba and Trump.

The meeting comes amid tensions between China and the incoming Trump administration. Trump has proposed steep tariffs on trade with China, and has incited political controversy over the U.S. relationship with Taiwan.

But Trump has also been critical of Alibaba-rival Amazon, which like Alibaba, offers cloud services and a marketplace for third-party sellers. Trump has said Amazon will have "such problems" during his presidency, because of their tax structure.

Ma told CNBC last year that he wasn't worried about anti-China sentiment on the presidential campaign trail.

"Somebody has to stand up and say hey, we should not be anti-trade," said Ma. Anita Balakrishnan/CNBC