Siemens boss says Trump would back his company in Middle East reconstruction projects

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Siemens boss says Trump would back his company in Middle East reconstruction projects
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President Donald Trump would support Siemens' role in reconstruction projects in countries like Iraq and Syria, the German conglomerate's CEO told CNBC on Thursday.

Although headquartered in Munich, Siemens employs around 60,000 workers in the U.S. and is a net exporter. Its stateside operation is its largest worldwide, CEO Joe Kaeser highlighted.

Although headquartered in Munich, Siemens employs around 60,000 workers in the U.S., with a further 100,000 employed indirectly, and is a net exporter. Its stateside operation is its largest worldwide, CEO Joe Kaeser highlighted. "He said 'well that is a fair point — if you create jobs, you're part of us'. It didn't look like that in Iraq, as you know was a bit bumpy, but there was good commitment, and that is comfortable," Kaeser added.

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