Donald TrumpDonald TrumpMcAuliffe takes tougher stance on Democrats in Washington Democrats troll Trump over Virginia governor's race Tom Glavine, Ric Flair, Doug Flutie to join Trump for Herschel Walker event MORE on Sunday warned that businesses planning to leave the U.S. will face consequences.
The president-elect tweeted that his administration will "substantially reduce taxes and regulations on businesses."
"But any business that leaves our country for another country," he added, "fires its employees, builds a new factory or plant in the other country, and then thinks it will sell its product back into the U.S. ......without retribution or consequence, is WRONG!"
Trump said there will be a 35_percent tax on the country's "soon to be strong border" for companies that leave and then want to sell their products back to U.S. consumers.
"This tax will make leaving financially difficult, but.....these companies are able to move between all 50 states, with no tax or tariff being charged," the president-elect tweeted.