Trump Warns Of 'Consequences' For Companies Leaving US

The president-elect and vice president-elect were scheduled to give a news conference at 2 p.m. EST in Indianapolis.

UPDATED: 3:17 p.m. EST — President-elect Donald Trump laid out his plan in part for lowering business taxes and changing regulations while speaking briefly at the Carrier Corporation manufacturing plant in Indianapolis on Thursday afternoon. Prior to taking the stage he toured the facility, waving to the workers whose jobs he saved by negotiating a deal to keep the plant from moving its operations to Mexico.

American companies contemplating leaving the U.S. would not be "without consequences," Trump warned. "We're gonna have a lot of phone calls when companies say they're leaving the country because they are not leaving."

Vice President-elect introduced Trump, telling Carrier workers that "Today America won." The soon to be former governor of the Hoosier State continued: "This is a great day for Indiana, for working people all across the U.S." because Carrier has decided to "stay and grow right here."

Original story:

Missing Donald Trump's near-constant presence on your TV during the campaign? You're in luck — the president-elect was set Thursday to make one of his first public appearances since being chosen to lead the nation last month. Joined by his vice president-elect, Indiana Gov. Mike Pence, Trump was scheduled to give a news conference at 2 p.m. EST at the Carrier plant in Indianapolis.

He was expected to announce a deal to keep roughly 1,000 jobs at the heating, air-conditioning and refrigeration company — which had previously announced it was shutting down the facility and moving to Mexico — in the United States.

"Big day on Thursday for Indiana and the great workers of that wonderful state," Trump wrote on Twitter. "We will keep our companies and jobs in the U.S. Thanks Carrier."

If you want to tune in, you can watch a live stream of the announcement on YouTube here or below. You can also check out CNN's feed here or C-SPAN's broadcast here.

Carrier revealed in February that it intended to move 2,100 jobs to Mexico due to rising costs, the Indy Star reported. On the campaign trail a month later, Trump promised to intervene and stop the outsourcing.

"They’re going to call me, and they are going to say, ‘Mr. President, Carrier has decided to stay in Indiana,'" he said at the time. "One hundred percent — that’s what is going to happen."

The Carrier deal coming Thursday was hammered out because "the incoming Trump-Pence administration has emphasized to us its commitment to support the business community and create an improved, more competitive U.S. business climate," the company wrote in a news release Wednesday. It added that the proposed incentives from the state were an important factor in the decision to stay.

Trump's plan saves 800 of the 2,100 jobs by giving the company a $7 million tax break, according to the Wall Street Journal. As such, it's been criticized by leaders like Sen. Bernie Sanders, I-Vt., who wrote a strongly worded editorial in the Washington Post calling out the president-elect for reneging on his vows to force Carrier's parent company, United Technologies, to pay a tax for moving away from the states.

Sanders said Trump was setting a dangerous precedent "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."

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