Trump: Consequences for companies that leave U.S.

Economy | Politics 12/1/2016, 9:41 PM
Trump: Consequences for companies that leave U.S.

United States President-elect Donald Trump said in Indiana on Thursday that companies will have to face consequences if they decide to relocate their operations out of the country.

"Companies are not going to leave the United States anymore without consequences," Trump claimed. The president-elect promised his administration will improve business conditions in the country by introducing lower taxes.  "There's no reason for them to leave anymore," he pointed out.

Trump appeared in Indiana to announce that United Technologies heating and air conditioning unit Carrier decided to keep over 1,100 jobs in the U.S. following negotiations with the president-elect and his vice president pick Mike Pence.

Earlier today, the Wall Street Journal reported the state of Indiana offered to give the company $7 million in tax breaks in order for Carrier to keep its furnace plant in Indianapolis running.

TeleTrader Newsroom / NP