Corporations Just Learned How to Flip Donald Trump on His Back

Author

05 December, 2016

According to the 104-page financial disclosure form that all candidates running for President are required to fill out, Trump made between $2,501 and $5,000 in interest from an investment in United Technologies.

Putin said in an interview with the NTV channel to be broadcast later on Sunday that Trump's business accomplishments show him to be a "smart man".

President-elect Donald Trump threatened companies with a 35 percent tariff on goods sold back to the United States if they move their operations outside the country.

President-elect Donald Trump on Sunday threatened "retribution" and "consequences" for American companies that relocate overseas but hope to sell their products in the United States - essentially, a punitive tax of 35% on entry.

The president-elect tweeted that his administration will "substantially reduce taxes and regulations on businesses".

"Please be forewarned before making a very expensive mistake, " Trump said on Twitter. Companies that Trump owns stock in have a much better chance of being picked to be a victor than those that he and his family aren't invested in.

Trump won the November 8 presidential election with support from many middle- and working-class workers concerned the economy is stacked against them.

In order to keep the jobs in America, Carrier was offered $7 million by the State of in, which certainly seems like the definition of "crony capitalism".

Last week, Trump announced he had negotiated a deal to keep 1,000 of 1,400 jobs at a Carrier plant in Indianapolis instead of losing them to Mexico.

Washington presidential elector joins anti-Trump movement
Doug Ericksen, R-Ferndale, a member of Trump's campaign team in Washington, dismissed the effort by Chiafalo and Guerra. But a growing number of electors are trying to get at least 40 Republican electors to not vote for the President-elect.

"As U.S. auto workers have learned the hard way, real job security depends on the profitability of the business", the paper's editorial page said.

Critics say that imposing big tariffs on US companies, something Trump also touted on the campaign trail, poses potential risks like an increase in consumer costs, increases in production costs and the possibility of a trade war.

Reports on the exact number vary, but Carrier will still send hundreds of other jobs to Mexico despite Trump's personal appeal.

Trump "endangered" other U.S. jobs, Sanders said, "because he has signaled to every corporation in America that they can threaten to offshore jobs in exchange for business-friendly tax benefits and incentives".

Though it would probably be tough to convince the Carrier employees who kept their jobs that Trump should have stayed out of it.

Americans were thankful of the said news.

Sarah Palin is criticizing President-elect Donald TrumpDonald TrumpGOP lawmakers praise Trump for Taiwan call Trump defends Taiwan call: President called me Bergdahl asks Obama for pardon MORE's deal with Carrier, even as she is reportedly under consideration to serve as Trump's secretary of Veterans Affairs.

Behind of all the issues that Donald Trump is now facing, it seemed that on his administration there were only few Americans be jobless.


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