I doubt that CEO's will find public threats of taxes and sanctions "business friendly".
DJT is playing with fire, but it seems that people think he is #winning against impersonal economic forces.
if he can credibly maintain the pose -- for example, by continuing to wage a war against unemployment by pinpricks, shaming one company at a time -- the popularity it brings him might be worth pissing off a few CEOs.
Last edited by Winehole23; 01-04-2017 at 06:14 PM.
President Elect
Interesting that the market is up. Again.
So now you're Bobo's lap dog, reselling his no one else reads? lol
bok bok bok bok ba-Gawk!
lol the hypocrisy of wingers and their "free market" absolution is out the window now that they've taken power
gummit shouldn't pick winners and losers
It seems the liberals keep getting Trumped.
told ya, all y'all conned suckers been LIED to again
The truth about Ford’s decision to cancel a plant in Mexico
“We didn’t cut a deal with Trump,” the CEO said. “We did it for our business.”
Ford’s CEO, Mark Fields, was very clear about that point on Tuesday.
“We didn’t cut a deal with Trump,” he said while talking about the decision on CNN.
“We did it for our business.”
He told Fox Business that the same decision would have been made
even if Trump hadn’t won the election.
And company sources indicated that there were no negotiations between Trump and the company ahead of the announcement; Fields called Trump to tell him about the announcement on Tuesday morning after it had been made.
Instead, Fields indicated that he expects to get incentives from Michigan to expand its plant in Flat Rock.
https://thinkprogress.org/trump-ford...4e7#.pp6m9avbs
Last edited by boutons_deux; 01-05-2017 at 04:22 PM.
In "Trash's reality", here are all the stores and jobs lost BECAUSE of Trash being elected.
Here Are All Of The Kmart, Sears, And Macy’s Stores Closing This Spring
Sears Holdings announced it would be shutting down 150 Kmart and Sears stores in the next few months, and
Macy’s notifying customers that 68 stores would close.
https://consumerist.com/2017/01/05/h...g-this-spring/
Macy's is killing 10K jobs
He's lying to get credit for jobs he didn't save, so he gets debit for jobs didn't kill
see how Trump World works?
I see how pretzel logic works.
Wow, if he does this at the current rate over the course of his presidency then he will have unemployment licked in 20 terms.
Then of course the Mexican parliament is already drafting punitive trade tariffs in preparation for what will soon become a trade war.
Penny rich, pound poor. Mercantilism isn't suddenly going to start working.
Donald J. TrumpVerified account @realDonaldTrump 18h18 hours ago
Toyota Motor said will build a new plant in Baja, Mexico, to build Corolla cars for U.S. NO WAY! Build plant in U.S. or pay big border tax.
https://twitter.com/search?q=trump+t...Ctwgr%5Esearch
As Trump targets Toyota over Mexico, Nissan faces bigger risk
But it is Nissan, Japan's second-largest automaker, which would be the bigger victim of any tax punishment.
Nissan built its first overseas plant in Mexico in 50 years ago and now produces more than 800,000 cars there, mainly its entry-level Versa and Sentra sedans.
Nissan's production dwarfs that of Toyota, Honda Motor Co (7267.T) and Mazda Motor Corp (7261.T) in Mexico. It exports roughly half of its output to the United States, where it also has production plants.
Vehicles made in Mexico comprise roughly one-quarter of Nissan's total U.S. vehicle sales, industry experts say, compared with around 30 percent for smaller rival Mazda, but less than 10 percent for Toyota and Honda.
http://www.reuters.com/article/us-ja...2F+Top+News%29
35% import tariff? No doubt that US car buyers would love to pay 35%+ more to teach those Nips a lesson. America, Yeah!
Donald Trump Doesn't Even Know Which Mexican Toyota Plant To Be Mad About
Donald Trump is angry on Twitter at an automaker again, calling out Toyota earlier today for building a new plant in “Baja, Mexico” to manufacture the Corolla sedan. He probably meant the new plant actually being built in Guanajuato, Mexico.
http://jalopnik.com/donald-trump-doe...+%28Gizmodo%29
Baja is easier for Trash to pronounce. Too many syllables and vowels in Guanajuato
Ford CEO: Main reason for canceling Mexico plant was market demand, not Trump
#SUCKERED BY FOX "NEWS"In an interview on CNBC's "Halftime Report," Fields said the decision not move forward with its San Luis Potosi, Mexico, plant was due to market demand.
"The bottom line is we're not seeing the volume and the demand that we expected for that plant. And, therefore, we're looking at our capacity and saying, 'You know what, we can build that in an existing facility and use capacity that we already have,'" he said.
"Over the last couple of years we've seen small cars markedly decline. Every year we're looking at our capacity. We're looking at our forecast for demand. It became very clear that we didn't need this plant."
On Tuesday, Ford announced it will instead invest $700 million in its Flat Rock, Michigan, plant and add 700 direct new jobs. The company said it will continue to build its Ford Focus at an existing plant in Hermosillo, Mexico, to improve company profitability.
Ford CEO: Main reason for canceling Mexico plant was market demand, not Trump
#SUCKERED BY FOX "NEWS"
http://www.spurstalk.com/forums/show...=1#post8851542
Not suckered at all you twit. It was clearly a business decision, but please see the following quote directly from Ford CEO Mark Fields...
Ford CEO: Main reason for canceling Mexico plant was market demand, not Trump
#SUCKERED BY FOX "NEWS"
http://money.cnn.com/video/news/2017...rump.cnnmoney/CEO Mark Fields calls the move a "vote of confidence" in the Trump administration's pro-business policy agenda.
you are about the biggest Trash sucker on this board.
I bet Trash warned some short-selling investors (of his money) that he was going to attack Toyota, whose stock went down.
The corruption, grifting will be unpresidented.
I am convinced that Trump will be good for business in America and that's what we need right now.
Inequality proves that nearly all the gains from GDP growth, good business, go to the top, not to the 99%.
Inequality will get worse under the Repugs, while many 10Ms of Americans, esp Trash's voters, will become worse off.
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