Trump Effect: Ford Cancels $1.6 Billion Mexican Plant

By Laura Loomer / THE GELLER REPORT

Donald Trump isn’t even President yet, but his campaign promises are coming true and he’s already saving U.S. jobs.

On Tuesday, Ford Motor Co announced that it will cancel its  $1.6 billion planned factory in Mexico.

Instead of the plant, Ford Motor Co will invest $700 million at a Michigan factory, which will add 700 U.S. jobs.

When Ford announced its earlier plan to move the production of all small cars to Mexico, Donald Trump fired back, vowing to not let Ford take away American jobs.

“When that [Ford] car comes back across the border into our country that now comes in free, we’re gonna charge them a 35% tax. And you know what’s gonna happen, they’re never going to leave,” said Trump.

However, Ford Chief Executive Mark Fields said the decision to cancel the Mexican plan had nothing to do with Donald Trump’s remarks.

Read entire article here: http://pamelageller.com/2017/01/trump-effect-ford-cancels-1-6-billion-mexican-plant.html/