It took reduction than dual mins for Donald Trump to get his contribution wrong in his initial discuss with his Democratic opposition for a presidency, Hillary Clinton.
Trump was deliberating his policies on trade and inventory companies that he pronounced were relocating jobs overseas. He said, correctly, that Ford Motor is changeable production abroad to Mexico — within a integrate of years, the icon of a American automobile attention will produce all of a tiny newcomer vehicles in Mexico.
Then, however, Trump pronounced poorly that Ford is relocating jobs to Mexico.
“Ford is leaving, we see that,” Trump said. “Their tiny automobile multiplication — thousands of jobs, withdrawal Michigan, withdrawal Ohio.”
After an agreement with a United Auto Workers, Ford has pledged that a change will not impact workers in a United States. Those workers will keep their jobs, producing incomparable vehicles instead of a tiny cars they are building today.
Ford, like many other automakers, is expanding prolongation in Mexico. These companies have many reasons for doing so. The cost of labor is indeed incomparable in a United States, that creates producing labor-intensive tiny cars in Mexico some-more profitable. The United States also has advantages, yet — inexpensive electricity, gifted technicians and entrance to worldly materials and apparatus — mostly means building incomparable and some-more costly cars is cheaper in this country.
One irony of a politics of a automobile attention currently is that for some companies, building cars in Mexico can be cheaper since Mexico has some-more giveaway trade agreements with countries overseas. These giveaway trade agreements concede manufacturers who build in Mexico to equivocate tariffs when they sell cars in places such as Europe and Brazil. Trump has been broadly vicious of new trade agreements, including a Trans-Pacific Partnership, a trade understanding President Obama has negotiated in a Pacific.