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United States News Title: Remember How Trump Threatened Ford? Well Look at the HUGE Announcement They Just Made When the Ford Motor Co. decided to move jobs south to Mexico so that it could pay its workers less, billionaire businessman Donald Trump was furious. He made trade inequalities and Fords betrayal of American workers a central issue of his campaign. And, without his even being in the Oval Office, it worked. In an interview with CNBC, Ford CEO Mark Fields said that the automaker would be here to stay. He also said he had outlined his companys plans in a letter to Trump. Related Stories Trump Just Received Epic News From a MAJORITY Of Republicans
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But Look What We Just Learned About Trump While he didnt offer specifics about whether Ford would be rolling back its $2.5 billion expansion of the companys operations in Mexico, it was clear that Fields was committed to addressing Trumps complaints directly. Ford Motor Co. is here to stay in the United States, Fields said. Were very proud as a company of what we do in terms of contributing to economic development here in the U.S., he added. We invested over $10 billion since 2011 at our facilities. We hired 25,000 people with plans to hire another 8,500 folks. Its important for us to be successful in our home market and we love what we do for the economy. Fords expansion in Mexico had infuriated Trump, who had said he would call Fields and give him a message. Let me give you the bad news, Trump said of his hypothetical conversation with Fields. Every car, and every truck and every part manufactured in this plant that comes across the border, were going to charge you a 35 percent tax. OK? And that tax is going to be paid simultaneously with the transaction, and thats it. Trending Stories Illegals Jump Couple, Rape Woman
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Trump Was Right Trump was also critical of another company that was moving jobs across the border, air conditioner manufacturer Carrier. Trumps rebuke along with a viral video showing the reaction of Carrier employees in Indianapolis reacting to the news of the U.S. plant closures helped make Carrier one of the most reviled faces of outsourcing. However, thanks to Trump, at least one CEO is on the defensive and backing off somewhat. Just imagine how hard theyd be backpedaling were Trump actually the president. Post Comment Private Reply Ignore Thread Top Page Up Full Thread Page Down Bottom/Latest
#1. To: Stoner (#0)
There is no need for tariffs if people believe Trump will impose them. Which is the point.
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