Trump Leans on Carrier to Keep 2,000 US Jobs from Moving to Mexico

Labor News

Demonstrators protested the Carrier Corporation at the Indiana State Capitol in April. The company plans to move two factories to Monterrey, Mexico. Officials with knowledge of the talks said on Friday that President-elect Donald Trump and the company were seeking a compromise. Credit Eric Thayer for The New York Times

Reprinted from The New York Times by Nelson Schwartz on November 25, 2016.

The value of the bully pulpit of the president of the United States can’t be measured on a corporate spreadsheet or the Excel file of a Wall Street analyst.

But as President-elect Donald Trump tries to stop Carrier from moving more than 2,000 jobs to Mexico, the company is learning that the pulpit can be powerful indeed.

Carrier, in the middle of negotiations with the incoming administration, may end up keeping some of the jobs in Indiana. In exchange, the incoming administration could ease up on regulation for businesses and cool campaign rhetoric on imposing tariffs.

Officials familiar with the situation, who insisted on anonymity because talks were still underway, described the discussion on Friday as a two-way negotiation, with both sides seeking a compromise.

NY Times 11/25

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