- June 16, 2015 -
Trump Vows to Press Ford to Cancel Mexican Plant
Republican presidential candidate and billionaire Donald Trump threatened Ford Motor Co. with punitive taxes if the Dearborn automaker proceeds with a new $2.5 billion Mexican plant that will “take away thousands” of U.S. jobs.
Trump, who announced his plans to run at an appearance in New York on Tuesday, vowed to impose 35 percent taxes on imported Ford vehicles and parts coming from the new Mexican plant.
“Let me give you the bad news: every car, every truck and every part manufactured in this plant that comes across the border, we’re going to charge you a 35 percent tax — OK? — and that tax is going to be paid simultaneously with the transaction,” Trump said. “They are going to take away thousands of jobs.”
Trump made auto issues a big part of his announcement speech in New York. He asked when was “the last time you saw a Chevrolet in Tokyo? It doesn’t exist, folks,” Trump said, even as Japanese automakers sell millions of cars and trucks in the United States. “They are laughing at us at our stupidity.”
