Donald Trump and the UAW’s Dennis Williams apparently are shocked that Ford Motor Co. is building a $1.6 billion plant in Mexico.
Where have they been? More precisely, what don’t they understand about the financial and market realities driving the Blue Oval’s move, a step the automaker and its Detroit rivals signaled clearly during last fall’s contract talks? Answer: they understand everything.
The United Auto Workers president and the mogul masquerading as a Republican presidential candidate know full well the rationale behind Ford’s move — Williams because his negotiators exchanged new investment in Michigan for investment in Mexico long before last fall’s contract ratification, and Trump because more than a few of his branded products are built outside the United States, lest they become as pricey as one of his condos.
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