Trump pledges to CEOs that offshoring will result in border tax

Days after taking office, President Donald Trump told CEOs in a Jan. 23 meeting that businesses that move production operations outside of the United States and then ship products back into the U.S. will face a border tax. He also slammed foreign countries for erecting barriers to U.S. exports and not engaging in “free trade.” “When you decide, if you decide to close it,” Trump told business leaders assembled in the White House Monday morning, “if that happens we are...