Donald Trump blasted Ford Motor Company when they announced that they were moving their operations to Mexico. Now, they are making a HUGE announcement.
Republican presidential frontrunner Donald Trump has made unfair foreign trade a central theme in his campaign for the White House, singling out U.S. companies such as Ford Motor Co. for moving operations abroad.
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. It’s presidential politics and we are just going stay focused on facts.”
Trump first blasted Ford in April when the carmaker 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.”
Read more: Newsmax