The continuing farce that purports to be Trump’s trade “policy”… because a desperate Trump wants to screw with the NFL, he tweets more ignorant demands because he’s clueless about comparative advantage?
Ford Motor Company on Sunday pushed back against President Trump's claim that it can build a China-made hatchback model in the U.S. after it scrapped plans to sell it domestically because of the president's tariffs.
“It would not be profitable to build the Focus Active in the U.S. given an expected annual sales volume of fewer than 50,000 units and its competitive segment,” the company said in a statement, according to The New York Times.
The company announced late last month that Trump's decision to implement steep tariffs against China undermined the profitability of the new car, which the company had initially planned to ship into America for sale next year.
thehill.com/...
Still waiting for that first actual Trumpist who burns their F-150:
Ford, (F)a sponsor of the National Football League, has voiced support for NFL players exercising their right to free speech and peaceful protest after President Donald Trump urged fans to consider a boycott.
"We respect individuals' rights to express their views, even if they are not ones we share," the company said on Monday. "That's part of what makes America great."
[...]
Martha Firestone Ford, owner and chairwoman of the Detroit Lions and a member of the Ford family, on Sunday issued a statement criticizing President Trump for his comments.
"Our game has long provided a powerful platform for dialogue and positive change in many communities throughout our nation," she said. "Negative and disrespectful comments suggesting otherwise are contrary to the founding principles of our country, and we do not support those comments or opinions."
Ford, the country's second-largest automaker, entered into a three-year agreement with the NFL last year that made the Ford F-Series the league's official truck. Ford (F) also owns the naming rights to the Ford Field in Detroit.
money.cnn.com/...