Trump's Tariff Threats Already Having "Big League" Effect As Companies Halt Outsourcing Plans
Throughout the campaigning cycle, Trump sent a very clear message to businesses looking to move manufacturing operations offshore by repeatedly saying that subsequent imports would be hit with a massive 35% tariff. Here is a December 4th tweet storm from the President-elect on the topic:
The U.S. is going to substantialy reduce taxes and regulations on businesses, but any business that leaves our country for another country,
— Donald J. Trump (@realDonaldTrump) December 4, 2016