Trump warns of ‘retribution’ if companies move jobs out of U.S. – The Washington Post

On Twitter, the president-elect says firms could face a 35 percent tariff on returning goods.

Source: Trump warns of ‘retribution’ if companies move jobs out of U.S. – The Washington Post

The threat marked perhaps the clearest sign yet since the election that Trump has not abandoned the controversial economic positions he adopted during the campaign. In addition to vowing to hit American companies with severe consequences if they imperil American jobs as a candidate, he pledged to tear up trade agreements and tag products from countries such as China and Mexico with tariffs if those nations continue to take American jobs.

The comments set up a clash with Republicans who have long argued in favor of free trade and against excessive intrusion by government into the affairs of businesses.

 

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