When Donald Trump announced his candidacy for President, he made fixing the economy and bringing back jobs one of his major goals. He went as far as criticizing American companies for outsourcing jobs to other countries, a significant contribution to the falling strength of our country.
Trump could have listed many companies that follow this trend, but in his first announcement—one watched by millions—he singled out Ford.
The American car plant was once on the forefront of the automotive industry, producing cars and jobs for decades. Times have changed, though, and the motor company plans to move their manufacturing to—of all places—Mexico.
Trump would not let this blow to our workers go by lightly, and gave a scathing rebuke to the American institution.
Apparently, even though he’s not yet President, it had an impact. In an effort to smooth out relations with the candidate, and presumably the American people, Ford CEO Mark Fields announced the company was “here to stay.”
According to Conservative Tribune:
While he didn’t offer specifics about whether Ford would be rolling back it’s $2.5 billion expansion of the company’s operations in Mexico, it was clear that Fields was committed to addressing Trump’s complaints directly.
“Ford Motor Co. is here to stay in the United States,” Fields said.
“We’re very proud as a company of what we do in terms of contributing to economic development here in the U.S.,” he added.
Don’t break out the champagne yet. He didn’t say they weren’t moving to Mexico. They can still do business in America, while plundering its operations and moving over the border.
Fields, however, recognizes the impact Trump’s words can and will have on his business. He even reached out to the candidate in the letter, perhaps to desperately plead with him to go back on his earlier statements.
Trump’s message was that he’ll punish any automaker or company that tries to outsource to other countries:
Every car, and every truck and every part manufactured in this plant that comes across the border, we’re going to charge you a 35 percent tax. OK? And that tax is going to be paid simultaneously with the transaction, and that’s it.
And despite the fact he has yet to secure the nomination, Trump is making waves. Fields’ attempts at reaching out and making statements on the news shows just how influential Trump is. He’s not even President yet and this CEO is trying to fix the damage Ford has made.
How many more companies will change their tune, once the real estate mogul is in the White House?
Credit: The Conservative Tribune