MAGA: Ford Gives Trump ‘Vote Of Confidence’ Cancels New Auto Plant In Mexico, Creates 700 U.S. Jobs

Ford's CEO tried to walk a delicate line on how much of a role Trump played in this major change in the company's plans. He praised Trump for his vows to cut taxes and scale back regulations on businesses, but stressed Ford's decision was "done independently."
ford-cancels-mexico-plant-vote-confidence-donald-trump

Ford is canceling plans to build a new plant in Mexico. It will invest $700 million in Michigan instead, creating 700 new U.S. jobs.

Ford CEO Mark Fields said the investment is a “vote of confidence” in the pro-business environment being created by Donald Trump. However, he stressed Ford did not do any sort of special deal with the president-elect.

“We didn’t cut a deal with Trump. We did it for our business,” Fields told CNN’s Poppy Harlow in an exclusive interview Tuesday.

The $700 million investment will go to the Flat Rock, Michigan plant to produce more electric and self-driving cars. Ford believes electric vehicles will outsell gas-powered vehicles within the next 15 years.

Ford Cancels Mexico Plant, Encouraged by Trump:

Ford is planning to roll out seven new electric vehicles in the next five years, including a Mustang Hybrid.

The news is a major U-turn for Ford. Trump repeatedly slammed Ford on the campaign trail for shipping U.S. jobs to Mexico (a claim the company said was wrong). All of the big car manufacturers currently have some production in Mexico. Just hours before the Ford announcement, Trump criticized GM (GM) for producing cars in Mexico.

Last year, Ford announced it would invest $1.6 billion in Mexico to transfer production of the Ford Focus from Michigan to Mexico to save costs. Now the Focus will be built at an existing plant in Hermosillo, Mexico, and Ford will instead expand its plant in Michigan.

Ford’s CEO tried to walk a delicate line on how much of a role Trump played in this major change in the company’s plans. He praised Trump for his vows to cut taxes and scale back regulations on businesses, but stressed Ford’s decision was “done independently.”

Trump threatened to slap a 35% tariff on Ford vehicles made in Mexico and sold in the U.S., although experts say it is not possible for Trump do that to a single U.S. company.

“When that car comes back across the border into our country that now comes in free, we’re gonna charge them a 35% tax,” Trump told Fox in September.

Trump won a lot of support from union workers for his tough talk on jobs going abroad. The United Auto Workers union that represents Ford workers was “thrilled” with Ford’s new plans. So were employees at the Flat Rock plant.

“It’s great news. Great for our future here, especially the new hires,” Chris Romano, a Ford factory worker in Flat Rock, told CNN. Workers at the plant make $20 to $30 an hour, Romano said. He believes it was a “good call” by Trump to pressure companies to keep jobs in the U.S. source

 


 

NTEB is run by end times author and editor-in-chief Geoffrey Grider. Geoffrey runs a successful web design company, and is a full-time minister of the gospel of the Lord Jesus Christ. In addition to running NOW THE END BEGINS, he has a dynamic street preaching outreach and tract ministry team in Saint Augustine, FL.

SUBSCRIBE NOW

Join Our FREE Subscription Service!

End times Bible prophecy news happens fast, add your email now to get our latest articles sent to your inbox in real-time.

Join 12,384 other subscribers

SUPPORT NTEB

24 hours a day, seven days per week, Now The End Begins keeps you informed of what's happening around the world as it relates to the end times and Bible prophecy. Your generous non-tax deductible contribution helps us to do that. Thank you in advance for your much-needed support.

CATEGORY SEARCH
FOLLOW NTEB