Andrew Anglin
Daily Stormer
December 4, 2016
Old School Trump hit Twitter this morning to blast traitorous companies abandoning the US and our workers.
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
fires its employees, builds a new factory or plant in the other country, and then thinks it will sell its product back into the U.S. ……
— Donald J. Trump (@realDonaldTrump) December 4, 2016
without retribution or consequence, is WRONG! There will be a tax on our soon to be strong border of 35% for these companies ……
— Donald J. Trump (@realDonaldTrump) December 4, 2016
wanting to sell their product, cars, A.C. units etc., back across the border. This tax will make leaving financially difficult, but…..
— Donald J. Trump (@realDonaldTrump) December 4, 2016
these companies are able to move between all 50 states, with no tax or tariff being charged. Please be forewarned prior to making a very …
— Donald J. Trump (@realDonaldTrump) December 4, 2016
expensive mistake! THE UNITED STATES IS OPEN FOR BUSINESS
— Donald J. Trump (@realDonaldTrump) December 4, 2016
Even the Jew media admits all of this is totally within his power to get done.
(((Paul Wiseman))) writes for the AP:
WHAT WOULD TRUMP DO?
Trump said he’d impose a 35 percent tax, called a tariff, on companies that close U.S. factories, cut American jobs, then relocate abroad and try to sell their products back to the United States.
“Please be forewarned prior to making a very expensive mistake,” the president-elect tweeted.
WOULD THAT BE LEGAL?
Trump would likely need congressional approval to impose tariffs on a specific company or a group of companies, says Gary Hufbauer, an expert on trade law at the Peterson Institute for International Economics. He suspects that courts would block any such move if the president tried to do it himself. The president has broad authority to impose tariffs on specific categories of imported goods, but not to single out specific companies that make them, Hufbauer says.
WHAT WOULD TARIFFS MEAN TO CONSUMERS?
Higher prices, most likely. Tariffs are charged at the border, and most importers likely would try to pass along as much of the higher cost as possible.
Capital Economics estimates that tariffs of 45 percent Trump has threatened to impose on Chinese imports would raise the price of those products an average 10 percent. The Peterson Institute calculates that a 2009 tax on Chinese tires cost American consumers $1.1 billion in higher tire prices — equal to more than $900,000 for every job saved in the domestic tire industry.
They are spinning this, of course – businesses won’t just swallow that cost. They will come back. And Trump is going to arrange it to make it easy for them to come back.
Apple is already talking to Trump about coming back.
Anyway, if we have jobs again, a small increase in cost of goods will mean nothing. Globalism has destroyed our quality of life, sucked all of our wealth.
We are going to make America great again.