Trump Effect: Ford Cancels $1.6 Billion Mexican Plant

Donald Trump isn’t even President yet, but his campaign promises are coming true and he’s already saving U.S. jobs.

On Tuesday, Ford Motor Co announced that it will cancel its  $1.6 billion planned factory in Mexico.

Instead of the plant, Ford Motor Co will invest $700 million at a Michigan factory, which will add 700 U.S. jobs.

When Ford announced its earlier plan to move the production of all small cars to Mexico, Donald Trump fired back, vowing to not let Ford take away American...

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