RE: Trump claims he kept Ford plant here.
November 28, 2016 at 11:24 am
(This post was last modified: November 28, 2016 at 11:25 am by Drich.)
(November 23, 2016 at 9:20 pm)chimp3 Wrote:(November 23, 2016 at 11:25 am)Drich Wrote: It is cheaper at the moment, but what Trump is purposing is putting a tax a big one on all imported good from mexico. Clinton 1 signed the North American Free trade agreement/NAFTA. When he did that big companies like ford started shipping all their factories to mexico because no labor unions which means for the cost of 1 American worker they could now hire 4 Mexican workers.No . Tariffs and taxes on imports mean that shit costs more for the consumer. The costs get added on to the price.
But because Trump told ford there will be a 35% tax comming on all imports from Mexico... Ford said it is now cheaper to employ american workers.
NOW it is cheaper to build the festiva or whatever ford wants to build here.
This means Ford and companies like ford will look to cash in on now cheaper production costs in the USA rather than over seas. That means reopening factories here which means jobs here.
To put it another way when we have more production jobs here we have a larger consumer base as more people are working and have more of a disposable income.
Duh!!! That's the point smarty pants... It costs more UNLESS It is made HERE. Trump is making it harder to do business from outside of this country if you are marketing in this country.
Which is why Ford Stayed and why Carrier Stayed. They will have a leg up on the competition.