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SCUTTLED FORD PLANT HAS MEXICO FEARING MORE UNDER TRUMP
AP ^ | 01/04/17 | PETER ORSI

Posted on 01/04/2017 12:31:22 PM PST by Enlightened1

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.

"The jobs created in Mexico have contributed to maintaining manufacturing jobs in the United States which otherwise would have disappeared in the face of Asian competition," the Mexico Economy Department said.

Mexicans have been nervous about Trump's tough rhetoric toward their country, including disparaging remarks about immigrants who come to the U.S. illegally and vows to wall off the border and renegotiate the North American Free Trade Agreement, upsetting ties with what is by far Mexico's largest trading partner.

Two weeks before inauguration, the scuttling of the planned Ford factory and Trump's pressure on General Motors should be a "much-needed wake-up call," said Mexico analyst Alejandro Hope.

It shows "how much actual leverage Trump has within specific companies, which is far greater than what Mexican elites thought until recently," Hope said. "They claimed that at the end of the day economic interests would prevail over political messaging. That's clearly not the case."

(Excerpt) Read more at hosted.ap.org ...


TOPICS: Business/Economy; Constitution/Conservatism; Foreign Affairs; Mexico
KEYWORDS: automakers; fearing; ford; fordmotor; manufacturing; plant; trump; trumpeconomy
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To: Enlightened1

Mexico should not fear anything. It might offend them. After all, they are entirely good people looking for a better life. At our expense.


21 posted on 01/04/2017 12:43:22 PM PST by Attention Surplus Disorder (Apoplectic is where we want them!)
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To: Jim 0216

Hey Jim - Should I call the whammbulance?


22 posted on 01/04/2017 12:45:10 PM PST by central_va (I won't be reconstructed and I do not give a damn.)
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To: Enlightened1

They should BEG to become the 51’st state.

Then Canada.

Then keep adding countries.

If they want global one-world government then they can all apply to become states who strictly obey the US constitution.


23 posted on 01/04/2017 12:48:44 PM PST by Mr. K ( Trump kicked her ass 2-to-1 if you remove all the voter fraud.)
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To: Mariner
The bottom line is: To what extent should the US care what happens in Mexico once the wall is up?

If Trump is able to cajole companies into repatriating that is good for US.

We should care. But we need to take care of America first. A weakened America is no good to anybody.

Once America has it's industries back, there will be opportunities to give jobs to Mexico.

And no one is saying Mexico can't trade with the U.S.. What we are saying is that if you are going to sell into the U.S., you need to pay a tariff to help support the country. You can't move manufacturing to your country and expect to sell back into the U.S. without paying for the privilege to access our markets.

24 posted on 01/04/2017 12:50:10 PM PST by DannyTN
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To: Enlightened1
It shows "how much actual leverage Trump has within specific companies, which is far greater than what Mexican elites thought until recently," Hope said.

LOL!

25 posted on 01/04/2017 12:51:56 PM PST by Cowboy Bob
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To: central_va

You’re already on life supports. I don’t think a “whammbulance” will do you much good.


26 posted on 01/04/2017 12:52:05 PM PST by Jim W N
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To: marron

Interesting that the preference is Asia over Mexico. Must be a legitimate reason for shipping products thousand of miles across the sea from countries that don’t like America vs 50 miles across an open and porous border.


27 posted on 01/04/2017 12:55:49 PM PST by dhs12345
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To: Jim 0216

Mexico now has people in every state kidnapping and killing folks. Why move assets there?


28 posted on 01/04/2017 12:57:00 PM PST by A CA Guy (God Bless America, God Bless and keep safe our fighting men and women.)
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To: Enlightened1
"This should put us on notice that when he says that he wants to renegotiate NAFTA, he means it," Hope said.


YYYYYYou mean PeOTUS actually means what he says????

29 posted on 01/04/2017 12:57:18 PM PST by rottndog ('Live Free Or Die' Ain't just words on a bumber sticker...or a tagline.)
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To: Jim 0216
But federal interference with business market decisions are generally unconstitutional.

Do you have any evidence of federal interference? Or did Don Lemon tell you there was?

Perhaps Trump told Carrier & Ford that he was serious about changing the tax code, repatriating corporate funds, and rolling back regulations & based on Trump's record, they actually believed him.

There was an "expert" on FBN a couple of weeks ago who pointed out that China's labor costs were increasing, and with the cost of moving goods to the US market, companies producing goods in China don't have the margins they used to have.

30 posted on 01/04/2017 12:59:42 PM PST by gubamyster
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To: marron; Mariner

Yeah that was B.S. LINE that the Globalist used to SELL IT...

I knew it back then it was bad, and no one could explain to me how it was good for jobs in the U.S.

Even Ross Perot tried to warn us, and Limbaugh attacked him and praised Bush.


31 posted on 01/04/2017 1:03:46 PM PST by Enlightened1
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To: A CA Guy

Good question, but should be answered by the enterprise decision-makers in the voluntary cooperation of the marketplace free from government interference.


32 posted on 01/04/2017 1:04:13 PM PST by Jim W N
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To: Mr. K

That would be terrible, and thankfully the politicians on both sides (Mexico and Canada) do not want that too.

Can you imagine how many people it would add to the welfare roster? Our Republic would be gone.


33 posted on 01/04/2017 1:06:09 PM PST by Enlightened1
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To: Enlightened1
And you know what else, Mexico? You WILL pay for that wall.

Damn but it's nice having REAL AMERICAN adults in charge once again!

34 posted on 01/04/2017 1:08:18 PM PST by dware (I love waking up in a world with President-elect Trump!)
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To: Jim 0216

The government interference is on our side. If one side uses $200 a month salaries and we pay $2,000, then we are at the disadvantage of all third world places without import taxes IMO.


35 posted on 01/04/2017 1:08:23 PM PST by A CA Guy (God Bless America, God Bless and keep safe our fighting men and women.)
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To: gubamyster

No, I don’t have evidence of unconstitutional federal interference, but the absence of a dialogue about it is a concern because the Right has a nasty habit of turning a blind eye to GOP Presidents launching unconstitutional federal acts. The potential should be addressed

We should be vigilant about reinstating the Constitution as the Rule of Law against the feds in our country. That issue and dismantling the mostly unconstitutional portion of the federal government trumps all other politcal issues


36 posted on 01/04/2017 1:10:11 PM PST by Jim W N
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To: servo1969

37 posted on 01/04/2017 1:12:07 PM PST by GraceG (Only a fool works hard in an environment where hard work is not appreciated...)
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To: wiggen

While I do not care one whit for the corrupt politicians in Mexico, there are a great many innocent civilians down there who are bearing the brunt of too many years of “trade deals” that have benefitted those at the top only! Much in the same way that the US manufacturing industry has been decimated and millions of blue collar workers have watched their factories close...

My hope is that Trump will actually re-establish some semblance of law and order and promote fair trade deals that will bring back jobs for Americans, which in turn may force Mexico to clean up their own government and take care of their own people.

Actually shutting down the cartels rather than arming them and turning a blind eye to their actions would be a great start!


38 posted on 01/04/2017 1:13:31 PM PST by VikingMom (I may not know what the future holds but I know Who holds the future!)
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To: dhs12345

One thing is that in China you don’t have to worry about your execs being kidnapped. And you don’t have to worry about your trucks being hijacked.

Mexico would be the ideal place to offshore work, you would think, except that it isn’t.


39 posted on 01/04/2017 1:16:11 PM PST by marron
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To: A CA Guy
The government interference is on our side.

EXACTLY how the Right greases the skids for dictatorial tyrants like Obama.

When it comes to the feds, there's only ONE issue: IS IT CONSTITUTIONAL as written as originally intended and understood.

Making "advantage" the issue regardless of the constitutionality of the act is exactly how the Right greases the skids for dictatorial tyrants like Obama who hate the Constitution and individual freedom which the Constitution legally protects.

40 posted on 01/04/2017 1:16:23 PM PST by Jim W N
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