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Ford Will Move Small Car Production To Mexico Despite Donald Trump Presidency
“A tariff like that would be imposed on the entire auto sector, and that could have a huge impact on the U.S. economy.”
According
to
its
plan,
Ford
Motor
Company
will
start
to
move
the
small
car
production
to
Mexico
despite
Donald
Trump
got
elected
as
the
President
of
the
United
States.
The
company
officials
have
said
that
they
have
no
plans
to
alter
this
move.
Before the election, Trump and Ford Chief Executive Mark Fields had a verbal spat about this plan. Trump said that the company will abandon all its U.S. employees in favour of Mexico, but Fields denied this argument.
Fields attended the Los Angeles Auto Show and after his keynote address, he told that Trump's possible 35 percent tariff on vehicles which are imported from Mexico will do a great harm to the automotive industry.
He said, "A tariff like that would be imposed on the entire auto sector, and that could have a huge impact on the U.S. economy. I continue to be convinced that the right policies will prevail. I think we all share the same objective, which is a healthy and vibrant U.S. economy."
Despite this issue between Fields and Trump, Ford's boss said that the company will work with Trump and his policymakers.
Fields added, "We have a proven track record of working with policymakers going all the way back to Teddy Roosevelt. We expect to work very effectively and positively with the president-elect's administration, as well as the new Congress. We look forward to working with the new administration."
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