Last time I looked Ford Motor Co. was an American Company?
Donald Trump’s efforts to beat down China is hurting an AMERICAN company…NOT China so far….
American car buyers going have to pony up the lost revenue for Trump’s actions?
Trump doesn’t have to buy a car for the rest of his life….
You and me will be paying for his Secret Service protection and limos, eh?
Ford Motor Co. Chief Executive Officer Jim Hackett encouraged the Trump administration to resolve trade disputes quickly or it could do “more damage” to his company, which is already suffering losses from tariffs imposed by President Donald Trump.
“The metals tariffs took about $1 billion in profit from us — and the irony is we source most of that in the U.S. today anyways,” Hackett said in an interview on Bloomberg Television. “If it goes on longer, there will be more damage.”
Ford and other global automakers have opposed the president’s use of tariffs and the retaliation they spur. Last month, Jim Farley, Ford’s president of global markets, described Trump’s tariffs on steel and aluminum as a “significant headwind for us.”…
Michigan’s electoral votes helped put Donald Trump over the top in 2016, but she had voted for Democrats ever since 1990 (Clnton x 2, Gore, Kerry, Obama x 2). In other words, those auto workers whom Trump made such a show of supporting then will start losing jobs, raises and maybe pensions today. If voters behaved rationally (always a big presumption), I’d hardly expect them to be grateful in November.