The best regulated crypto exchange
Find out why?
50 BTC prize pool!
Get your share!
I'm in

Siemens CEO Calls Trump the "Face of Racism and Exclusion"

By Yana Berman

Joe Kasser, the CEO of German industrial company Siemens, slammed the U.S. president Donald Trump for being “the face of racism and exclusion” in a series of tweets published on Saturday, July 20.

“I find it depressing that the most important political office in the world is turning into the face of racism and exclusion,” the tweet says. Kaeser also stressed that he lived in the U.S. for several years and experienced nothing but freedom and tolerance. However, the current political situation in the country is far from openness, he concluded. 

The company’s stock saw a mild decline as the market opened Monday, July 22. The shares were trading at €99,32 at press time, which represents a 0.22% change. 

Siemens CEO Calls Trump the "Face of Racism and Exclusion"

Kaeser responded to Trump’s series of tweets where the president addressed “progressive Democrat Congresswomen” and suggested they “go back” where they came from. Trump did not mention the particular names, however, CNN assumed he referenced New York Rep. Alexandria Ocasio-Cortez, Rashida Tlaib of Michigan and Ayanna Pressley of Massachusetts, mistakenly implying that they were not born in the U.S. 

As per the Siemens website, the company has more than 50,000 employees in its multiple facilities across the country. Siemens has invested around $40 billion in the American industry, which reportedly is the company’s largest market. Moreover, it spends over $50 million each year on staff training in the country.

Like to share your thoughts and ideas about crypto and trading? You could join us as an external author. Email us on [email protected] to find out how you could become a Currency.com contributor.
Subscribe to Currency.com news
iMac Image
The most beautiful trading app
google play storeapple store
iPhone Image
iPhone Image