Trump’s Tactic Is Certain to Create “Regime Uncertainty”

President-elect Donald Trump’s so-called Carrier deal, which seems to amount to a threatening conversation he had with Carrier’s managers, combined with some tax concessions by the state of Indiana, exemplifies the approach he has more or less announced he will take in dealing with U.S. companies that propose to move operations abroad. He threatens that such companies’ products will be subjected to a 35 percent tariff when imported into the USA. In various statements he had made it known that as president he will roam far and wide across the economic landscape, using his presidential powers to punish companies that

Read more at The Independent Institute