US President Donald Trump has threatened to slap new taxes on American companies to dissuade them from moving their manufacturing bases from China to countries like India and Ireland, instead of their own, amid the Covid-19 pandemic.
In an interview with Fox Business News, Trump said taxation was an incentive for companies to return manufacturing bases to the US.
“Apple said now they’re going to go to India. They’re going to do some production in India away from China,” he was asked.
“If they