One wonders what executive order he could sign that would stop this.
Or, what threat could he make?
Or, what kind of government payment would he make?
Are there other options?
So, what do the other candidates say?
I suppose they’s stop it, too.
But I do wonder how.
I don’t know, by Executive Order impose a Tariff on Mexico, let congress try to impeach you,. How’s that...
Just as he’s said before, tax the heck out of any company using foreign manufacturing instead of American workers. Remove the incentive to relocate American companies.
Lower taxes, less regulation, abolish Obamacare, free up capital and throw the EPA out of DC. That’s a start.
The article quotes Trump:
There's only one way you're going to reverse it, and that's that you're going to have to make it more expensive to do business that way.
The GOP has squandered decades in this area. There are TONS of things we can do and should have been doing for years. Lowering taxes, gutting regulations, not allowing entire classes of citizens to be able to exist only with gov't jobs. Shutting down presidential lawlessness and stupidity, with removal from office if needed. Putting a generation of Clintons in prison. But that would take years of hard work and that work was neglected. We refused to upset the apple cart.
Now here we are, wishing with Trump fairy dust.
Tariffs? If it cost you more to import than to build it here.
There are enough behind-the-scenes intimidations, whether through promises of unending labor Department audits, regulatory checks, etc., this could be stopped in a heartbeat. And you don’t have to say, “Stay in NY.” You just say, “You have to stay in the US.”
And it can all be done without actually having to pull the trigger, because the corporate guys know the cost of being on the wrong side of this stuff. And it can be done without significantly affecting the bottom line.
..One wonders what executive order he could sign that would stop this.
Or, what threat could he make...
If we knew every move Trump makes, we would all be billionaires.
Based on what Trump has been saying about these issues, I would think that he would call the Carrier People and the Employee’s Union people to try and work out an agreement for Carrier to stay in the United States.
Wouldn’t surprise me if he didn’t have them come to the White House to hammer out something. Not a Beer Summit or a Focus Group BTW, just sitting at a Table and hammering out a Deal.
Just an opinion. Why wait until they Move to do something about it? Who knows, if Trump does get in it will be unchartered territory outside of the usual Political garbage that has gotten us so far into this hole.
What would any POTUS do? I really have no idea. The DemoncRats will just blame the GOP, it’s all they have.
Carrier has just given Trump a 3% bump with this situation.
Optics, optics, optics, period.
Customs can impound just about anything crossing the border for just about any length of time.
They can go ahead and make the units in Mexico: they just can't sell them.
Trump's ultimate answer is simply to tariff the imports until there is no business case to move the jobs overseas.
That would not usually mean that the US operation would run at a loss-- it would simply not be as profitable; or, to be more precise, more of the income would go to labor and less to capital.
Like the 50's and 60's, when, you know, the US economy must have been terrible because US employers could not engage in Third World labor arbitrage.
“One wonders what executive order he could sign that would stop this.
Or, what threat could he make?”
Presidents have huge discretionary power over trade and immigration. For example, every year the President “certifies” that China, Vietnam, India, Mexico... etc are not currency manipulators, and so are not eligible for trade sanctions.
Start there.
Eliminating all foreign aid to Mexico would be a good start. Eliminating any subsidies to a Domestic based company who moves factories to Mexico would be good second step.
“One wonders what executive order he could sign that would stop this.”.........
That “EO” will be a 35% tax on any of Carriers products coming INTO the U.S., just the same a Ford and others who move there will experience.
Looks like Carrier will have to seek out the world market place for their products, their sales in the U.S. will soon take a major hit.
What will Trump to do keep Carrier from moving to Mexico? First find out why they are moving. If it is taxes or regulation then he do something to correct the problem. Then if they still want to go, he will tell them that he will put a tariff on any Carrier products they want to sell in America. He will then make a deal with Carrier and they will stay in America and employ American workers.
Tariffs, taxes, killing NAFTA and other trade deals.
“One wonders what executive order he could sign that would stop this.”
Take away much of the power of the EPA.
Much of this move was anticipated because Carrier, Trane and others who deal with refrigerants pay a hefty penalty to the EPA, not only in the transportation of the R refrigerants (on rail car) into and out of their facility, but also in the manufacture of the compressing units is my understanding.
It is just too costly to deal with the EPA here in the United States, and the liability is too high. Investors (banks) want nothing to do with anyone with such high environmental liability, especially since the government is so hostile to any company that may run afoul of the EPA or other regulations, not only those in play currently, but the regulations can change monthly, crippling a company in an instant, and there is nothing that the state or congress can do about it, since the EPA has no congressional oversight.