Announces Carrier deal to save jobs using state tax incentives

Trump announced a deal with Carrier to keep approximately 800 jobs in Indiana (down from the 1,100 he claimed, as 300 were never leaving) in exchange for $7 million in state tax breaks. While politically popular, the move signaled a shift to direct government intervention in private business decisions and was criticized for using taxpayer money to reward companies for threatening to outsource.

"We’re going to keep our companies here." — Speech at Carrier plant