Ford is NOT backing off the Mexican expansion. That work goes on. What Ford did say was “we are here in the US to stay”. In other words, they are not planning on moving their corporate offices overseas for tax reasons. And they wrote Mr. Trump a nice letter. Which he will brag about. Even though it means no more than the paper it was written on. Companies will do what makes financial sense. So long as it makes financial sense for some manufacturing to take place in other countries, that will happen. You notice Ford doesn’t built it European cars in the US. Toyota builds its American market cars in American plants.
This is PR.
If that's the case, did Cruz get a letter?
“Companies will do what makes financial sense.”
It use to be that simple .. capitalism works
But we are not seeing pure capitalism .. we are seeing an oligarchy and it is getting worse everyday. Our politicians have sold the us down the river for chump change.