Trump’s Ford deal dashes Mexican villagers’ dreams

1/20/2017 Forbes 

Donald_Trump_August_19,_2015_(cropped)The arid desert landscape of Villa de Reyes is a world away from the glitz of the presidential inauguration on Capitol Hill.

Yet since Donald Trump was elected, the sparsely populated communities and dry valleys of Central Mexico have been inexorably linked to events in Washington DC.

Like so much with President-elect Trump, it began with a tweet.

“Make in U.S.A. or pay big border tax!” he tweeted at General Motors earlier this month.

The warning may have been aimed at GM but within hours, Ford, which had also been singled out for criticism during his campaign announced that it was withdrawing from a $1.6bn (£1.3bn) car assembly plant in Villa de Reyes.

Some of that money would be reinvested in Michigan in what the CEO of Ford described to the BBC as “a vote of confidence” in Mr Trump’s business policies.

Read more… 

 

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