Quote:
Originally Posted by Bladewire
Here's what I find interest in. Ford said before it costs 40% less to make the car in Mexico. After you read the quote below you can only conclude that under DT they are under the impression that making the car in the U.S. will be an even better deal than saving 40% in Mexico:
"Fields also pointed out that the company could do well with a more positive U.S. manufacturing business environment under Trump. "We see the pro-growth policies that he's proposing. So, this is a vote of confidence in what we think the president-elect is going to pursue and it's right for our business," he said."
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Think about the math...Trump threatened them with a 35% tariff on cars coming into the U.S. from that plant.
Then add in the tax rate for corporations. Trump lowers it from 35% to 15%
So that's already saving 55% as opposed to Mexico's 40% savings.
Then add in the elimination of some of the regulatory restrictions that have been put in place over the past 8 years.
Ford will be making MORE money by building in the U.S. under Trump.
That's the whole point.
Make the United States the number one place to put your business and build your products.