Republican presidential frontrunner Donald Trump has made it quite clear that companies that move their operations out of the U.S. are betraying American workers and will pay a price when he becomes president.
When Ford Motor Company moved their jobs to Mexico Trump was FURIOUS and he has made unfair foreign trade a central theme in his campaign for the White House.
Even though Trump isn’t president yet, Ford got the message and announced that they are “here to stay!”
Ford CEO Mark Fields said he wrote a letter to Trump defending his company, and elaborated on the defense of his company in an interview with CNBC, “Ford Motor Co. is here to stay in the United States,” Newsmax reports.
Trump first blasted Ford in April when the automaker announced a $2.5 billion expansion of operations in Mexico.
At that time, Trump said he would call Fields and say, “Let me give you the bad news. 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% tax. Okay? And that tax is going to be paid simultaneously with the transaction, and that’s it.”
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. We invested over $10 billion since 2011 at our facilities. We hired 25,000 people with plans to hire another 8,500 folks. It’s important for us to be successful in our home market and we love what we do for the economy.”
Ford isn’t the only company Trump has been critical of.
In February, he also blasted air-conditioner maker Carrier, a unit of United Technologies Corp., after it announced plans to close a factory in Indianapolis and fire 1,400 employees.