This is the latest from Donald Trump:
The U.S. is going to substantialy reduce taxes and regulations on businesses, but any business that leaves our country for another country, 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!
There will be a tax on our soon to be strong border of 35% for these companies wanting to sell their product, cars, A.C. units etc., back across the border. This tax will make leaving financially difficult, but.....these companies are able to move between all 50 states, with no tax or tariff being charged.
Please be forewarned prior to making a very expensive mistake! THE UNITED STATES IS OPEN FOR BUSINESS!
This sounds like one of those statements that we are supposed to take "seriously but not literally." He said similar things while campaigning, but I haven't seen a concrete proposal. The legal and political hurdles to such a measure seem pretty high.
