The Ford Motor Company’s decision to cancel the construction of an auto plant in Mexico earlier this week shocked both the United States and Mexico, with conservatives cheering that President-elect Donald Trump had managed to do what he promised to do on the campaign trail — keep jobs in the United States.
Would-be Ford employees in Mexico were less than enthused, according to NPR.
Ford officials said that the move was in reaction to market conditions, but they did tell Trump what they were going to do before they announced their move, The New York Times reported.
However, officials in Mexico were not buying it. According to The Wall Street Journal, the governor of the state of San Luis Potosí spent time this week scrambling in emergency meetings, according to his secretary of economic development, Gustavo Puente Orozco.
“They told us it’s really a market thing, based on a reduction of the amount of vehicles they expect to sell in the next year or so. Of course, we see this as a part of Trump’s new policy,” Puente said.
Mexico’s economy ministry said it was disappointed by Ford’s decision, but that the company has agreed to reimburse the San Luis Potosí state government for all money spent to help Ford create the plant, The Wall Street Journal reported.
“Ford’s growth in North America and particularly in Mexico has responded to a strategy of competitiveness based on global value chains, where North America competes with other regions of the world,” the ministry said.
“The jobs created in Mexico have contributed to maintain jobs in the U.S., which otherwise would have been lost due to Asian competition.”
Trump, without taking office, has already changed the direction of a major company in the automotive industry.
Can you imagine what he will do when he’s actually in office?
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