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Politics

Trump: Companies that leave the US will face ‘retribution’

Trump: Companies that leave the US will face ‘retribution’
N&V Staff
December 4, 2016

donald_trump_august_19_2015_cropped(Rebecca Savransky) – Donald Trump on Sunday warned that businesses planning to leave the U.S. will face consequences.

The president-elect tweeted that his administration will “substantially reduce taxes and regulations on businesses.”

“But any business that leaves our country for another country,” he added, “fires its employees, builds a new factory or plant in the other country, and then thinks it will sell its product back into the U.S. ……without retribution or consequence, is WRONG!”

Trump said there will be a 35_percent tax on the country’s “soon to be strong border” for companies that leave and then want to sell their products back to U.S. consumers.

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