May 8, 2017

Trump tax tweet wasn't in White House plan

NBC Nightly News did a Sunday segment on how Wisconsin-based Rexnord is carrying through with pre-election plans to move around 300 manufacturing jobs from Indianapolis to Mexico, which was followed just minutes later by a tweet from President Trump:

This is hardly the first time that Trump has threatened such a thing ― kind of an offshoring-specific border adjustment tax ― but there was no mention of it in the tax proposal laid out last month by the White House. In other words, Rexnord called the President's bluff.

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