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Trump Tackles Trade in Press Conference

At Donald Trump’s first press conference since winning the election, the President-elect doubled down on his promise to punish companies that move jobs from the U.S. to another country.

Citing the Carrier situation as an example, he praised its parent company, United Technologies, for working with him and Vice President-elect Mike Pence to save jobs that were scheduled to move to Mexico. That adulation was followed quickly by a warning.

“The word is now out, that when you want to move your plant to Mexico or some other place, and you want to fire all of your workers from Michigan and Ohio and all these places that I won, for good reason, it’s not going to happen that way anymore,” he said, adding for those companies that make that decision, there will be consequences. “There will be a major border tax on these companies that are leaving and getting away with murder. And if our politicians had what it takes, they would have done this years ago.”

Read more at Sourcing Journal.