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Trump Talks Ford Into Staying In Kentucky Instead Of Moving To Mexico

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Darby Crash
Trump Talks Ford Into Staying In Kentucky Instead Of Moving To Mexico

Excerpted From Bloomberg: President-elect Donald Trump said Ford Motor Co. will be keeping a Lincoln plant in the U.S. instead of moving it to Mexico.

Ford builds the Lincoln MKC small sport-utility vehicle at its Louisville Assembly Plant in Kentucky alongside the Ford Escape SUV. Ford has never said it was considering moving MKC production to Mexico, where it builds the Lincoln MKZ sedan at its factory in Hermosillo.

Trump has criticized Ford for planning to move all its North American small-car production to Mexico, where wages are 80 percent lower than in the U.S. During the campaign, he threatened to slap Ford’s Mexican-built cars with a 35 percent tariff. He also said he would terminate the North American Free Trade Agreement, which lets goods flow between Mexico, the U.S. and Canada without tariffs. Keep reading

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