Pence after Carrier deal: Trump is ‘a champion for the American economy’

Carrier, which in February had announced plans to close two in plants and send 2,100 jobs to Mexico, agreed last week to keep its Indianapolis plant open and keep about 1,100 jobs in the state, including 800 at the plant. If he couldn’t, there is such a thing as walking away from the table.

Trump’s comments follow his direct intervention in an in factory owned by Carrier, which makes heating and air conditioning units, where production was scheduled to shift to Mexico. For example: Other countries send more of their manufacturing jobs to IN than any other Midwest state, and that number is going up.

Pence said the incoming administration was committed to living up to Trump’s campaign pledge to keep manufacturing jobs at home.

Trump announced last week that he had negotiated a deal to keep the plant in the state.

He told workers at the Carrier plant: ‘Companies are not going to leave the United States anymore without consequences’.

“Warm weather is clearly a drag for all furnace makers in the US, but they remain hopeful that demand will pick up sharply as soon as the temperature drops”, he said Monday in a note.

“It’s not specific to Carrier”, Priebus said. “We’re going to get tougher and smarter on trade deals”. They are still relocating production from Indianapolis to Mexico and one of its suppliers, United Technologies Electronic Control, also owned by UTC, is closing a plant in northern Indiana.

Russian President Vladimir Putin says he is confident that President-elect Donald Trump will soon realize the level of responsibility his job entails.

As Robert Shapiro, former undersecretary of commerce for economic affairs under President Bill Clinton, put it, “We certainly don’t want to take as our guide to creating jobs special tax breaks for a company that earned $7.5 billion in profits past year, got $6 billion in defense contracts, paid its top five executives $50 million, in order to preserve 1,000 out of 2,100 jobs”.

Higher prices, most likely.

Mr Trump promised a 35% tax on products sold in the United States by any business that fired American workers, and built a factory elsewhere. Even if Trump imposes his promised tariff on foreign goods, the 35% tax could make foreign items more attractive.

Its parent company, United Technologies, won’t have to worry about losing billions in government contracts, a possibility that apparently became part of the negotiations. In this case, employees were told in a company letter that jobs were still going to Mexico. Over half the jobs they wanted to send to Mexico are still being sent.

It just remains to be seen if or how Trump can make it happen.