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Ford plant workers in Mexico blame Trump for dashing dreams

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follow the latest news of” market news” from different sites to most famous technicals /David Agren by 2017-01-07 at 6:22

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‘Just the beginning’: Trump may disrupt 20-year boom for Mexico auto industry

'Just the beginning': Trump may disrupt 20-year boom for Mexico auto industry*/

– Marisol Galarza floundered after finishing high school, but she eventually found her way to a job on an assembly line at a General Motors plant in the central Mexican state of San Luís Potosí.Determined to get ahead, she started studying industrial engineering on Saturdays through a company-sponsored program and currently works in that department.“I like what I do and I like what I’m studying and what I’m seeing there,” said Galarza, 24.
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Trump says Mexico would repay U.S. funds spent on border wall

Trump says Mexico would repay U.S. funds spent on border wall*/

– U.S. President-elect Donald Trump talks to members of the media at Mar-a-Lago estate in Palm Beach, Florida, U.S., December 21, 2016.REUTERS/Carlos BarriaWASHINGTON U.S. President-elect Donald Trump said on Friday Mexico would repay the United States for his planned border wall, a day after news emerged that his transition team was exploring getting the Republican-led Congress to vote to approve the funding.Trump told the New York Times he would most likely seek repayment through renegotiation of the North American Free Trade Agreement, which groups the United States, Mexico and Canada.
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Trump Insists Mexico Will Pay for Wall After U.S. Begins the Work

Trump Insists Mexico Will Pay for Wall After U.S. Begins the Work*/

– Building a wall to keep out unauthorized immigrants could also face intense opposition from a bipartisan coalition in Congress that argues that a vast barrier along the border would be ineffective in stopping people who are determined to enter the country illegally and would represent a symbolic affront to the idea that the United States is a welcoming country that embraces immigration.Advertisement Continue reading the main storyIn the interview, Mr. Trump vowed that Mexico would ultimately reimburse the United States.He said that payment would most likely emerge from his efforts to renegotiate the North American Free Trade Agreement with the Mexican government.
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Ford plant workers in Mexico blame Trump for dashing dreams

Ford plant workers in Mexico blame Trump for dashing dreams*/

– VILLA DE REYES, Mexico — Word spread quickly through cellphone messages and shouts between co-workers that Ford Motor Co. had canceled its new $1.6 billion car plant at its sprawling 700-acre high desert site in north-central Mexico.“When I saw it on the phone, (I thought), ‘Well, no, it can’t be,’” said Higinio Salazar, a security guard who spent the past five months logging traffic into and out of the site and hoped to have steady work for months to come.“It was on orders of Mr. Trump,” he said bitterly.
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‘Fear and threats’: Mexico hits back after Trump pressures automakers

'Fear and threats': Mexico hits back after Trump pressures automakers*/

– Mexico has hit back in the verbal trade war with Donald Trump, hitting out at the use of “fear or threats” to deter companies from investing in the country.The US president-elect has threatened to slap import tariffs on US automaker General Motors for importing cars it makes in Mexico and Japan’s Toyota for planning a new factory there.Ford also announced that it was cancelling a $1.6bn new factory in the northern state of San Luis Potosi that had been criticised by Trump, though the company said the decision was business-related.
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