Trump Effect: Ford Scraps Plans for Mexico Plant

In a surprising move, the Ford Motor Company has decided to completely scrap plans for a $1.6 billion automobile plant in Mexico. The Trump effect strikes again. “We believe these tax and regulatory reforms are necessary to boost U.S. competitiveness.” The company will instead invest $700 million in a Michigan assembly plant. Ford officials directly cited…

Breaking Local News Report
Shore News Network is the Jersey Shore's #1 Independently Local News Source. Multiple sources and writers contributed to this report.

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