--- title: Donald Trump Speaks at Carrier After Deal to Save Jobs description: Donald Trump spoke at the Carrier plant in Indianapolis on Thursday, where he warned companies not to try to leave the U.S. canonical: https://time.com/4587890/donald-trump-speech-carrier-plant-indiana/ author: Madeline Farber article:opinion: false article:content_tier: free article:published_time: 2016-12-01T20:55:15.000Z article:modified_time: 2026-10-07T06:55:30.564Z article:section: Politics og:title: Donald Trump Warns Companies to Not Leave the U.S: 'We Can't Let It Happen' og:description: Adding that there "will be consequences" og:url: https://time.com/4587890/donald-trump-speech-carrier-plant-indiana/ og:site_name: TIME og:image: https://static.time.com/v3/assets/bltea6093859af6183b/blt5ded9bf842a142be/6988b058cd1bba449970343e/trump-carrier-plant.jpg?branch=production&width=1200&quality=75&auto=webp&crop=16:9 og:image:width: 2560 og:image:height: 1440 og:image:alt: Trump og:type: article twitter:card: summary_large_image twitter:title: Donald Trump Warns Companies to Not Leave the U.S: 'We Can't Let It Happen' twitter:description: Adding that there "will be consequences" twitter:image: https://static.time.com/v3/assets/bltea6093859af6183b/blt5ded9bf842a142be/6988b058cd1bba449970343e/trump-carrier-plant.jpg?branch=production&width=1200&quality=75&auto=webp&crop=16:9 ---  # Donald Trump Warns Companies to Not Leave the United States: 'We Can't Let It Happen' > Sponsored content. 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Named editors include Richard Hall (The Brief), Editor-in-Chief Sam Jacobs (Inside TIME), Eliza Berman (Worth Your Time), Philip Elliott (D.C. Brief), Justin Worland (Future Proof) and Harry Booth (In the Loop). Health Matters is written by TIME's health desk. #### How do I sign up for a TIME newsletter? Go to time.com/newsletters, choose the newsletters you want and enter your email address. There is no cost and no subscription requirement. ### Sources * TIME Newsletters: [time.com/newsletters](/c/time-nl-network-2026q3/newsletters?i=97e87ffb-0704-4f86-875b-b3c7d2bdbb3f&cr=time-nl-network-2026q3-v1) ## Video: Donald Trump Warns Companies to Not Leave the United States: ‘We Can’t Let It Happen’ [Watch (HLS stream): Donald Trump Warns Companies to Not Leave the United States: ‘We Can’t Let It Happen’](https://cdn.jwplayer.com/manifests/r6A55G1O.m3u8) (1:47)  _Published 2016-12-01. Donald Trump spoke at the Carrier plant in Indianapolis on Thursday, formally announcing his agreement with the company to keep the plant open and reportedly saving some 1,000 jobs from moving to Mexico._ by [Madeline Farber](https://time.com/author/madeline-farber/) ## Madeline Farber Dec 1, 2016 8:55 PM UTC by [Madeline Farber](https://time.com/author/madeline-farber/) ## Madeline Farber Dec 1, 2016 8:55 PM UTC [Donald Trump](http://time.com/4588027/bernie-sanders-donald-trump-carrier-corporate-tax/) spoke at the [Carrier plant](http://time.com/4587358/donald-trump-carrier-plant-deal-watch-live/) in Indianapolis on Thursday, formally announcing his agreement with the company to keep the plant open and reportedly saving some 1,000 jobs from moving to Mexico. During his speech, Trump had a strong message for U.S. companies who want to [outsource jobs](http://time.com/money/4587414/carrier-workers-are-skeptical-of-donald-trumps-plan-to-save-their-jobs/) to other countries: “There will be consequences.” “Companies aren’t going to leave the United States anymore, we can’t let it happen,” he said. According to Vice President-elect Mike Pence, Carrier, which mainly produces air conditioners, has invested $16 million to keep the plant in Indiana open. But despite the deal, the company still plans to move 700 jobs to Mexico, NBC News [reports](http://www.nbcnews.com/politics/politics-news/trump-kick-victory-lap-touting-carrier-deal-n690771)—the same country it considered moving jobs to in February. Trump added that companies that do try to outsource jobs will be “taxed very heavily,” and leaving the country will be “very difficult.” As for companies that do plan to keep jobs in the U.S., Trump said that he plans to lower business taxes from “35% to 15%” during his presidency. ## Transcript [ APPLAUSE ] We can't allow this to happen anymore with our country. So many jobs are leaving and going to other countries. Not just Mexico, many, many countries. And China is making so much of our product that would closing up A a lot of plants. And I mean I wrote down some numbers that are incredible. But the numbers of manufacturing jobs that are lost, especially in the rust belt. And the rust belt is so incredible. But we're losing companies, it's unbelievable. One after another. Companies are not going to leave the United States anymore without consequences, not gonna happen. It's not gonna happen, tell you right now. [ APPLAUSE ] We're losing so much. So One of the things we're doing to keep them is we're gonna be lowering our business tax from 35 % hopefully down to 15 %, which would take us from the highest tax nation virtually in the world, this is terrible for business, to one of the lower tax. Not the lowest yet but one of the lower tax. I just wanna let all of the other companies know Then we're gonna do great things for businesses, no reason for them to leave anymore, because you're taxes are gonna be at the very, very low end. And your unnecessary regulations are gonna be gone. We need regulations for safety and environment and things, but most of the regulations are nonsense. So many people in the other than big beautiful plant behind us, which will be even more beautiful and About seven months from now. They're so happy, they're going to have a great Christmas. 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