Quote:Ford Prepares for Mass Layoffs After Losing $1 Billion to Trump's Trade Tariffs,
Ford is having a bad year in 2018. Its stock is down 29%, and the tariffs imposed by President Trump have reportedly cost the company $1 billion, as the company is in the midst of a reorganization. Now, the company is announcing layoffs.
http://fortune.com/2018/10/09/ford-stock...e-tariffs/
But then again maybe everyone already has a car they need since there are already a lot of cars. Why couldn't US be like Cuba and have just old cars but refurbished over the years?
Also what does Trump think he will achieve with these tariffs when even Ivanka is still making her shit in China. And Trump himself is still making his own shit like maga hats in China.