Donald Trump, the billionaire and national GOP presidential frontrunner who just won the New Hampshire primary and is polling ahead of the field in South Carolina, is seizing a major political opportunity with the news that Ford and Carrier are shipping thousands of U.S. jobs to Mexico.
In a new exclusive interview with Breitbart News, Trump responded to the news that Ford Motor Company is doubling production capacity at a factory in Mexico, instead of expanding in the United States.
He also responded to the news that Carrier, an Indianapolis-based air-conditioning manufacturer, and a division of United Technologies, is shipping 1,400 jobs to Mexico.
Trump noted that his planned border wall with Mexico has “economic reasons” behind it as well as the obvious security reasons. “I’ve been telling everybody this from day one: We’re going to have nothing left,” Trump told Breitbart News.
The steel [production] is going to be there. The cars are going to be there. Mexico is going to be the car capitol of the world. Michigan is being decimated. That’s why I’m doing so well in Michigan—because people say I’m the only one who understands what’s going on. The other candidates have no clue as to what’s going on. I’m talking about it all the time. There’s even a piece of the reason that I like the wall is for economic reasons. They’re coming over here doing whatever they want to do economically.
On Friday, shocking cell phone video of workers at Carrier being fired en masse emerged. A company executive can be heard saying “it became clear that the best way to stay competitive and to protect the business for the long term is to move production from our facility in Indianapolis to Monterrey, Mexico.”
The stunned workers protested the company executive making the announcement, shouting and booing at him—some using vulgarities.
“Listen, I’ve got information that’s important to share as part of the transition if we can go ahead,” the executive continues. “If you don’t want to hear it, other people do. So let’s quiet down, thank you very much.”
Then he dropped another bomb. “We also intend to relocate the distribution center from Indianapolis as well,” he said. “Relocating our operations to Monterrey will allow us to maintain high levels of product quality at competitive prices and continue to serve the extremely price sensitive marketplace. I want to be clear: This is strictly a business decision.”
After more shouting—and more pleading from the executive for the workers to settle down—he continued by noting that the workers who filled jobs in that facility were all performing well, but it’s simply a cost-cutting measure to ship all their jobs to Mexicans in Monterrey.
“It’s important you understand there will be no impact on jobs today—in fact the first transition won’t take place until the middle of 2017,” the company executive says. “We expect the move to take place in phases, over approximately three years to ramp down our operations, in the Indianapolis facility. We expect the transition to continue through 2019.”
A chief reason why it’s cheaper for these companies to do business in Mexico instead of in the United States is because of globalist trade deals, including the Trans Pacific Partnership (TPP) portion of Obamatrade.
The TPP is backed by several major GOP presidential candidates, and includes Mexico in the deal—along with a group of other Pacific Rim nations.
Trump warned in his exclusive interview with Breitbart News that this is only the beginning of what’s going to come if he isn’t elected president—and if he doesn’t use the office to reverse the trend by implementing policies that make it more expensive for companies like Ford and Carrier, among others, to do business like this.
“There’s only one way you’re going to reverse it, and that’s that you’re going to have to make it more expensive to do business that way,” Trump told Breitbart News.
First of all, you’re going to have to look to lower taxes [for those who do business inside the United States]—and we may very well have to charge taxes at the border, when somebody drives a car through the border to sell it in the United States. But look, we’ve closed our plants. We’ve lost our jobs. They’re no going to build cars in Mexico and sell them in the United States, okay? We can lower our taxes, and we’re probably going to have to charge a surtax at the border. Otherwise we’re going to lose a fortune. And that will help Ford and other people make a decision to buy in the United States, to build in the United States.
Trump’s latest interview with Breitbart News focused first on how Mexican drug cartels should be, in his view, treated like an “enemy army” south of the border and secondly on these trade issues. More from Trump’s latest exclusive interview with Breitbart News is forthcoming soon.
America was once the leader in exports, now we lead in imports.
We have to take our businesses back.
And he is right that he may be the only one who understands that.
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A flock of flirting flamingos is pure, passionate, pink pandemonium-a frenetic flamingle-mangle-a discordant discotheque of delirious dancing, flamboyant feathers, and flamingo lingo.
Trump himself was having his clothing line made in China and Mexico, as a cost-cutting measure.
Sure, it's OK for him to do it, but now he's whining about it.
He could have had his clothing line made in the US, but he didn't. "It's OK for me to do it, but not for you!"
Crude and vulgar bloviating hypocrite.
A flock of flirting flamingos is pure, passionate, pink pandemonium-a frenetic flamingle-mangle-a discordant discotheque of delirious dancing, flamboyant feathers, and flamingo lingo.
We DO need to bring our manufacturing back to American soil.
We DO need to stop taxing companies out of business.
Consumer tax and business tax are two different things.
If he gets something from another country, the consumer tax should be higher.
Taxing companies for producing in America is not helpful.
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A flock of flirting flamingos is pure, passionate, pink pandemonium-a frenetic flamingle-mangle-a discordant discotheque of delirious dancing, flamboyant feathers, and flamingo lingo.
Donalad Trump laughs about how little taxes he's paid. I don't know why people think we're OVER taxing these places. He laughs about all the loopholes in the system and how he was able to avoid paying taxes. Then he laughs again and says it was all legal. Add in tax deductions for all their "charities" and they do pretty darn well.
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“You may shoot me with your words, you may cut me with your eyes, you may kill me with your hatefulness, but still, like air, I'll rise!” ― Maya Angelou
You are confusing personal taxes with business taxes.
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A flock of flirting flamingos is pure, passionate, pink pandemonium-a frenetic flamingle-mangle-a discordant discotheque of delirious dancing, flamboyant feathers, and flamingo lingo.
You are confusing personal taxes with business taxes.
No. I am not. I am quite clear on what I am referring to. I have listened to him talk about corporate restructuring and taxes.
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“You may shoot me with your words, you may cut me with your eyes, you may kill me with your hatefulness, but still, like air, I'll rise!” ― Maya Angelou
But yes, he does basically the same with his personal taxes too. However he laughs wholeheartedly about how little taxes his companies pay.
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“You may shoot me with your words, you may cut me with your eyes, you may kill me with your hatefulness, but still, like air, I'll rise!” ― Maya Angelou
And restructuring a corporation to lower their taxes is what needs to be done.
Because the taxes are killing American businesses.
Restructuring to pay lower taxes is good business.
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A flock of flirting flamingos is pure, passionate, pink pandemonium-a frenetic flamingle-mangle-a discordant discotheque of delirious dancing, flamboyant feathers, and flamingo lingo.
Big businesses don't pay huge taxes. You can tell yourself that all you want but all they do is find loopholes so they don't have to pay taxes. But feel free to be misinformed.
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“You may shoot me with your words, you may cut me with your eyes, you may kill me with your hatefulness, but still, like air, I'll rise!” ― Maya Angelou
And you don't understand that he's a giant flaming hypocritical arsehole.
Or perhaps he knows what to do. Let the cheap jobs go overseas or to Mexico and created the better jobs here. He knows there are jobs we just can't keep here if we don't want to pay, say, $50 for a light bulb or a pair of underwear, but with his biz experience I wouldn't doubt he has ideas for other more high tech and pricey goods.
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Sometimes you're the windshield, and sometimes you're the bug.
Big businesses don't pay huge taxes. You can tell yourself that all you want but all they do is find loopholes so they don't have to pay taxes. But feel free to be misinformed.
It isn't just big business that pays hefty taxes.
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A flock of flirting flamingos is pure, passionate, pink pandemonium-a frenetic flamingle-mangle-a discordant discotheque of delirious dancing, flamboyant feathers, and flamingo lingo.
Big businesses don't pay huge taxes. You can tell yourself that all you want but all they do is find loopholes so they don't have to pay taxes. But feel free to be misinformed.
WTF???? They most certainly do pay big taxes. Just because you hear about corporate welfare and tax credits, etc. The amount of r/e taxes, unemployment, SS and Medicare, and the 30% tax rate for the Feds plus what ever they pay to the state they are in takes more than half of their profits. Did you know that? Doesn't mean you know what you are talking about.
Lily is correct about taxes killing business in America.
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Sometimes you're the windshield, and sometimes you're the bug.
Why do people think manufacturing businesses have gone to other countries?
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A flock of flirting flamingos is pure, passionate, pink pandemonium-a frenetic flamingle-mangle-a discordant discotheque of delirious dancing, flamboyant feathers, and flamingo lingo.
The fact that he admires Putin, who is a bully and KGB thug who poisons his enemies, should be troubling.
The fact that he admires Kim Jong-un, the fascist, evil dictator, for the way he executes his rivals should really make you stop and think.
A flock of flirting flamingos is pure, passionate, pink pandemonium-a frenetic flamingle-mangle-a discordant discotheque of delirious dancing, flamboyant feathers, and flamingo lingo.
The fact that he admires Putin, who is a bully and KGB thug who poisons his enemies, should be troubling. The fact that he admires Kim Jong-un, the fascist, evil dictator, for the way he executes his rivals should really make you stop and think.
Not sure where you get these, ummm, "facts". But I will tell you that I admire Hitler's ability to get the German economy going again and into high gear, I certainly don't admire his murderous tendencies. Many very smart people throughout history have been evil but had an element of knowing what good needs to happen and how to make it happen.
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Sometimes you're the windshield, and sometimes you're the bug.
Trump manufactures overseas because it is to his financial benefit to do so. What needs to be done is make it so that manufacturing here is a financial benefit instead. Trump does know this. As a business man - he is absolutely right to do what is financially best for his companies. If America wants manufacturing here - they need to make it worth while instead of trying to tax companies to death. People are in business to make money, not live up to your liberal ideals.
And why you would blame someone for minimizing their taxes is beyond me. As long as he follows the law - it's the law you should have issue with, not him.
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LawyerLady
I can explain it to you, but I can't understand it for you.
The fact that he admires Putin, who is a bully and KGB thug who poisons his enemies, should be troubling. The fact that he admires Kim Jong-un, the fascist, evil dictator, for the way he executes his rivals should really make you stop and think.
Oh, i see. Versus Obama fistbumping Hugo Chavez and making deals with Iran and Rouhani? Uh huh.