AFP, New York :
President-elect Donald Trump on Wednesday attacked US companies who ship jobs offshore, singling out the pharmaceutical industry for high drug prices and for manufacturing overseas.
Trump said US companies relocating production offshore are “getting away with murder” and warned their products will be hit with hefty taxes if imported into the United States.
“There will be a major border tax on these companies that are leaving and getting away with murder,” he told his first press conference since winning the November 8 presidential election.
“The word is now out that when you want to move your plant to Mexico or some other place, and you want to fire all of your workers from Michigan and Ohio and all these places that I won, for good reason, it’s not going to happen that way anymore,” he said.
“You are going to pay a very large border tax.”
Shares of drugmakers plummeted as Trump singled out the massive industry, warning he would seek to cut prices by restructuring procedures for bidding on drugs.
President-elect Donald Trump on Wednesday attacked US companies who ship jobs offshore, singling out the pharmaceutical industry for high drug prices and for manufacturing overseas.
Trump said US companies relocating production offshore are “getting away with murder” and warned their products will be hit with hefty taxes if imported into the United States.
“There will be a major border tax on these companies that are leaving and getting away with murder,” he told his first press conference since winning the November 8 presidential election.
“The word is now out that when you want to move your plant to Mexico or some other place, and you want to fire all of your workers from Michigan and Ohio and all these places that I won, for good reason, it’s not going to happen that way anymore,” he said.
“You are going to pay a very large border tax.”
Shares of drugmakers plummeted as Trump singled out the massive industry, warning he would seek to cut prices by restructuring procedures for bidding on drugs.
