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Trump recommits to ‘major border tax’ on foreign-produced U.S. products

January 12, 2017 by · Leave a Comment 

President-elect Donald Trump on Wednesday promised a “major border tax” on companies that shift jobs outside the United States, further pressuring American businesses days after Fiat Chrysler Automobiles NV said heavy tariffs could force the company to shutter Mexican plants. Since the Nov. 8 election, Trump has taken to Twitter to call out by name a number of manufacturers with both planned and existing operations outside of the country. Trump, who will be sworn into office on Jan. 20, warned of a “very large border tax” on companies that…

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Trump recommits to ‘major border tax’ on foreign-produced U.S. products