View full page at forexfactory.com

 

Trump Warns U.S. Companies Will Be Taxed Very Heavily If They Leave Country

From npr.org

President-elect Donald Trump vows its going to be "very, very difficult" for companies to move their operations outside the U.S. under his administration. Trump appeared Thursday afternoon before workers at a Carrier plant in Indianapolis, whose jobs were saved when the company reversed plans to expand to a facility in Mexico. That decision followed calls Trump made to the top executive of Carrier's parent company, United Technologies. Trump said companies are not going to leave the U.S. anymore "without consequences." Those who do, he said, will be "taxed very heavily at the border." Congress, which is controlled ... (full story)

Story Stats

  • Posted:
  • Category: Breaking News