Jack Ma: No More 1 Million Jobs in the US From Alibaba

Alibaba chief Jack Ma said this week that he is retracting his promise of 1 million jobs in the US to President Donald Trump after the latest round of tariffs from both countries were announced.

Ma said that he made the promise in 2017 on the premise of friendly and rational trade relations between the US and China, so he can no longer fulfill his promise since the premise no longer exists.

Ma also said last Tuesday in an investor conference that the Sino-US trade war is likely to have ramifications that will extend for decades.

Source: CNBC