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BIG NEWS in MICHIGAN this morning - FORD MOTOR CORP CANCELLED a $1.5 BILLION plant in MEXICO

Ford is opting to invest $780 mil to rebuild a michigan plant instead

TRUMP THAT YE OF LITTLE FAITH
Yes that is great . And probably more of an economic move that anything else for Ford. Trump threatened to impose a 35% import tax on vehicles produced elsewhere . The plant is mostly for electric vehicles so it will be imported to the US for sure. I dont know if this is political or purely because the numbers made more sense to stay. I guess if they factored in the 35% tax in their numbers it could be deemed political.
ChipmunkErnie · 70-79, M
Wonder what kind of deal they cut or what they expect in return. Or, more importantly, why Ford chose NOT to invest in American when Obama was in office -- could they, perhaps, be so cynical as to simply hold back investments until they got a President they felt they could buy?
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