President-Elect Donald Trump Flies to IN to Speak to Carrier Employees

President-elect Donald Trump warned on Thursday that USA companies would face "consequences" for outsourcing jobs overseas, as he touted his early success in persuading an air conditioner maker to keep about 1,000 jobs in the United States rather than move them to Mexico.

Carrier workers in the room got excited when Trump said companies are not leaving the USA anymore without consequences.

Trump said the $16 million Carrier says it will invest in the plant, which he said was a minimum, will be quickly recouped, because of "the goodwill that you have engendered by doing this".

Trump, who made keeping manufacturing jobs in the US a central part of his campaign, also promised to do "great things for business".

While the presidential administration has powers to hit industries and products with tariffs, it is not clear it can legally target individual companies as Mr Trump signalled he was prepared to.

December 1: Trump and Pence visit the Indianapolis factory to celebrate the deal, which includes $7 million in state tax incentives to retain about 1,000 jobs.

"Mr. Trump would have to make 804 more announcements just like that to equal the standard of jobs in the manufacturing sector that were created in this country under President Obama's watch", White House press secretary Josh Earnest told reporters on Thursday.

The new dawn of American manufacturing broke Thursday with one big step for the workers of IN and one far bigger step for a more muscular trade policy: Carrier will stay IN Indianapolis - along with more than 1,000 jobs.

Mr Sanders said the incoming President had endangered other USA jobs because he has signalled to every corporation in America that they can threaten to offshore jobs in exchange for business-friendly tax benefits and incentives. And his advisers have since promoted lower corporate tax rates as a means of keeping jobs in the U.S.

"I want to tell all of the other companies - know that we are going to do great things for businesses", he said.

The economy now loses almost 7 million jobs a quarter through the churn of companies failing, closing or leaving the U.S., Mr. Wolfers said, citing data from the Bureau of Labor Statistics.

President-elect Donald Trump is renewing his pledge to build a wall along the U.S. -Mexico border during his first extensive public remarks since winning election.

In a tweet Sunday, Trump referred to Mattis by his nickname "Mad Dog" and described him as "A true General's General!"

Trump toured the plant in Indianapolis and shook hands with workers on an assembly line.

Even some conservatives said they didn't like the idea of an incoming administration getting this involved in negotiations to save one company, especially one with such a minimal impact on the overall economy.

Carrier confirmed that IN agreed to give the company $7 million IN tax incentives.

The Carrier deal was done with the help of vice president-elect Mike Pence, who is Indiana's outgoing governor.

While the incoming administration has stopped about 800 Carrier jobs from moving to Mexico, it would have to stop 14,000 additional jobs from leaving the country this year to reverse the effects of Nafta.

Although Carrier will no longer be closing its plant in Indianapolis, another factory, owned by Carrier's parent company, United Technologies, will be closing down in Huntington, Indiana, leading to 700 lost jobs.

Apple said it works with more than 8,000 US suppliers and is " investing heavily in American jobs and innovation". "Because he has signaled to every corporation in America that they can threaten to offshore jobs in exchange for business-friendly tax benefits and incentives", Sanders wrote in a Washington Post opinion piece on Thursday.

Carrier had planned to shift 1,400 jobs to Monterrey, Mexico, from Indianapolis. "But there were certain circumstances when that became the best option for us, and we went ahead and did it".

Trump followed up the stop in Indianapolis with a rally in Cincinnati, Ohio on Thursday evening as part of his "USA Thank You Tour 2016". The company said state "incentives" from IN were an "important consideration" to its decision to stay put. How does the government make a decision about when to intervene in such issues? He said we love Mexico, but we have to get our fair shake.