| Trump threatens 'retribution' for any U.S. companies that move jobs overseas, saying they could face 35 percent tariff |
President-elect Donald Trump fired another warning shot Sunday at U.S. companies considering moving their operations out of the country, threatening "retributions or consequences" such as a hefty border tax if they do.
The pronouncements came in a string of early morning tweets. Trump declared that he intends to incentivize businesses to stay in America by lowering corporate taxes and slashing regulations, two key components of his economic agenda. But he also warned that companies with offshore factories would face a 35 percent tariff on goods sold back to the United States. |
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