By Conor Coyle
Date: Friday 02 Dec 2016
LONDON (ShareCast) - (ShareCast News) - US president-elect Donald Trump has promised that companies in the United States which attempt to outsource jobs to other countries will face serious consequences.
Trump won the US presidential election last month, defeating Hillary Clinton on a campaign of "Making America Great Again" by limiting the effects of globalisation and creating more jobs in the country.
This week, he announced his first concrete plan to reward companies who keep their operations in the US, after negotiating a deal with Indiana air-conditioning unit maker Carrier to keep over one thousand jobs in plants in the state.
In a speech made in the state, alongside his soon-to-be vice president Mike Pence, Trump warned companies that moving factories to Mexico or China would not be tolerated.
"Companies are not going to leave the United States anymore without consequences," Trump told workers assembled at the Indianapolis plant.
"Not going to happen. It's not going to happen, I'll tell you right now," he added.
The Republican added that his government would lower the corporate tax rate from 35% to 15% in order to incentivise companies to stay in the USA.
The speech came as part of the beginning of Trump and Pence's "Thank You" tour, in which they will travel around the US to show their gratitude for the millions of voters who elected them.
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