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1 of 1- Common Sense
- Exchanger
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Scuttled Ford plant has Mexico fearing more under Trump
Scuttled Ford plant has Mexico fearing more under Trump
MEXICO CITY (AP) -- Ford Motor Company's cancellation of plans to build a $1.6 billion auto manufacturing plant in San Luis Potosi has sounded alarms throughout Mexico.
Even as the country is being rocked by rowdy nationwide protests against a Jan. 1 gasoline price hike, the Ford news led the front pages of Mexico's most influential newspapers on Wednesday, and they tied the development directly to President-elect Donald Trump."Trump leaves Mexico without 3,600 jobs," read the headline on El Universal. "Ford's braking jolts the peso," said Reforma, referring to the Mexican currency's nearly 1 percent slump following the news.
“We hold these truths to be self-evident,” former vice president Biden said during a campaign event in Texas on Monday. "All men and women created by — you know, you know, the thing.”
- Goose
- Cogito ergo sum
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Re: Scuttled Ford plant has Mexico fearing more under Trump
Do you think that economic uncertainty in Mexico will benefit the United States?
We live in a time in which decent and otherwise sensible people are surrendering too easily to the hectoring of morons or extremists.
- Common Sense
- Exchanger
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Re: Scuttled Ford plant has Mexico fearing more under Trump
"This should put us on notice that when he says that he wants to renegotiate NAFTA, he means it," Hope said.
“We hold these truths to be self-evident,” former vice president Biden said during a campaign event in Texas on Monday. "All men and women created by — you know, you know, the thing.”
- •
Thread Starter- Goose
- Cogito ergo sum
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Re: Scuttled Ford plant has Mexico fearing more under Trump
Common Sense wrote:
"This should put us on notice that when he says that he wants to renegotiate NAFTA, he means it," Hope said.
Sorry, but that doesn't answer my question.
We live in a time in which decent and otherwise sensible people are surrendering too easily to the hectoring of morons or extremists.
- Just Fred
- Duke of Cortona
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Re: Scuttled Ford plant has Mexico fearing more under Trump
....the front pages of Mexico's most influential newspapers on Wednesday, and they tied the development directly to President-elect Donald Trump.
Then they would be wrong. Ford was planning this move more than a year ago. Trump has nothing to do with it.
Last edited by Just Fred (1/04/2017 4:08 pm)
- Goose
- Cogito ergo sum
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- Posts: 13,427
Re: Scuttled Ford plant has Mexico fearing more under Trump
....the front pages of Mexico's most influential newspapers on Wednesday, and they tied the development directly to President-elect Donald Trump.
Then they would be wrong. Ford was planning this move more than a year ago. Trump has nothing to do with it.
The cult of personality is essential for an authoritarian ruler.
It involves creating a mythology.
For Putin, and Mussolini, it was the myth of unassailable military power.
For Trump it is his magical job saving powers.
Trump keeps claiming credit for jobs he had nothing to do with
01/04/17 10:42 AM—UPDATED 01/04/17 01:09 PM
By Steve Benen
The week after Election Day, Donald Trump had an exciting announcement: thanks to his awesomeness, Ford had agreed to keep a Lincoln SUV plant in Kentucky. What the president-elect neglected to mention was that Ford hadn’t intended to close the Kentucky plant, and it was’t long before Trump’s boasts were discredited.
The Republican kept pulling the same trick anyway, in part because the media kept playing along. Trump’s claims about jobs saved at Carrier turned out to be untrue. His claims about jobs at Softbank were equally wrong. Trump supporters eagerly credited the president-elect for IBM’s plan to expand its workforce, despite the fact that the company’s hiring announcement was initially made in May.
Last edited by Goose (1/04/2017 4:19 pm)
We live in a time in which decent and otherwise sensible people are surrendering too easily to the hectoring of morons or extremists.
- Rongone
- Sentient Being
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Re: Scuttled Ford plant has Mexico fearing more under Trump
In case you forgot, dismissed, or ignored earlier posts about this subject, one statement is crystal clear:
But Focus production is … still … moving … to … Mexico.
Last edited by Rongone (1/04/2017 5:32 pm)
- TheLagerLad
- Exchange Beer Snob
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Re: Scuttled Ford plant has Mexico fearing more under Trump
Here's a thought.....
There's probably a benefit to have the all three major countries on the continent have a level of success and prosperity. Our trade imbalance with Canada and Mexico is fairly small when compared to China and the EU.
We did export $2.4 billion worth of goods to Mexico and $3.1 billion to Canada in 2015.
So I'm not sure why Trump would want to jeopardize the relationship with our southern neighbor.
And even more, let's say he's successful at sticking it to Mexico and ends up hurting their economy. It stands to reason that out of work Mexicans will redouble their efforts to sneak into the U.S. looking for work.
I think you're going to see a lot of different United States of America over the next three, four, or eight years. - President Donald J. Trump
- Goose
- Cogito ergo sum
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- Registered: 1/29/2015
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Re: Scuttled Ford plant has Mexico fearing more under Trump
Here's a thought.....
There's probably a benefit to have the all three major countries on the continent have a level of success and prosperity. Our trade imbalance with Canada and Mexico is fairly small when compared to China and the EU.
We did export $2.4 billion worth of goods to Mexico and $3.1 billion to Canada in 2015.
So I'm not sure why Trump would want to jeopardize the relationship with our southern neighbor.
And even more, let's say he's successful at sticking it to Mexico and ends up hurting their economy. It stands to reason that out of work Mexicans will redouble their efforts to sneak into the U.S. looking for work.
It is a question of priorities.
The national interest is served by a healthy economy both here and in Mexico.
Donald Trump's narrow political interests depend upon him having villains to attack for the amusement of his fans.
Mexico was an early villain with it's stealing jobs and sending deranged killers across the border.
If Trump feels that he will benefit from Mexican cooperation he'll go that route. If Trump feels that he will benefit from continued scapegoating, he will go that route.
We live in a time in which decent and otherwise sensible people are surrendering too easily to the hectoring of morons or extremists.