The government of ‘China’ does not own Milwaukee tools or TTI.
TTI is the parent company of Milwaukee tools and TTI is located in Hong Kong. Milwaukee tools is a U.S. based Company. They are incorporated here. They pay taxes here. TTI and Milwaukee are two different companies. The guy that owns TTI is actually German if I remember correctly, and his wife is Canadian. He relocated to Hong Kong and started TTI in Hong Kong, where its currently headquartered today.
If years ago, the original owners of Milwaukee tools decided to relocate their private residence to Germany, as Milwaukee tools happily ran inside the US, would Milwaukee have then become a German brand, even though nothing left other than where the owner lives?
If TTI sells Milwaukee to some rich guy in Mexico, does it become a Mexican company just cause ownership changed hands, yet their USA operations stayed the same?
If i opened a company inside China- where it was completely operated inside China, would it be an “American” company just cause I owned it? Or would i simply be an American owner of a Chinese company?
When Milwaukee tools closes its major operations inside the USA, fires most of their staff, relocates to China where it opens it new Headquarters, and conducts the vast majority of its day to day business in China - with just a few satellite locations left inside the US - then it will be a “Chinese” company.
Same thing with HF..
HF is an AMERICAN company. People give them **** cause they SELL imported tools - but ignore that the company and its employees are here. HF are not tool manufacturers. They are a retail sales company.