These studies found that, on average, U.S. subsidiaries of foreign companies pay 25% higher wages and salaries. You were mentioning the 7% of those establishment. But The newest of these studies appears to be almost 10 years old. So I find my colleagues efforts to update the assessment of this as part of this legislation. Something that needs to be done by the Department of Commerce. (42:28–42:33)
CLAIM
Asserts that the most recent study on U.S. subsidiaries of foreign companies is nearly 10 years old.
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