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Panic in Mexico as Ford Decides to Build Factory in America Instead

4-1-2017 < Red Ice Creations 72 142 words
 
Panic in Mexico as Ford Decides to Build Factory in America Instead Editor's Note: While Trump's tax plan is surely enticing, Ford ultimately decided to build its factory in America because it plans on producing more electric cars, which, for various reasons, is more feasible in America. Ford Motor Company's cancellation of plans to build a $1.6 billion auto manufacturing plant in San Luis Potosi has sounded alarms throughout Mexico. Even as the country is being rocked by rowdy nationwide protests against a Jan. 1 gasoline price hike, the Ford news led the front pages of Mexico's most influential newspapers on Wednesday, and they tied the development directly to President-elect Donald Trump. "Trump leaves Mexico without 3,600 jobs," read the headline on El Universal. "Ford's braking jolts the peso," said Reforma, referring to the Mexican currency's nearly 1…
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