The Carrier Deal: Donald Trump to the Rescue or Troubling Precedent?

President-elect Donald Trump traveled to Indiana Thursday afternoon to meet with officials at heating and air-conditioning company Carrier to celebrate a deal that will keep hundreds of the company's positions from being relocated to Mexico. Yet some are concerned about what kind of precedent the pact struck by the incoming administration will set for domestic companies going forward.

Carrier has been asking for-and getting-subsidies long before Trump-Pence

Indiana's government will subsidize Carrier through a special tax break in exchange for Carrier keeping two thirds of its jobs in Huntington-jobs the company had said it was moving to Mexico. President Election Donald Trump -whose VP-elect happens to be Indiana's governor-has waved this decision by Carrier aloft as a victory for Trump's toughness and dealmaking.