Trump Economic Policy Tag

Following the news that Ford had cancelled its planned $1.6 billion auto assembly plant in Mexico, Mexican officials are concerned about the impact this will have on their economy. The Wall Street Journal reports:

Ford Motor Co.’s decision to cancel a planned $1.6 billion assembly plant in the Mexican industrial city of San Luis Potosí caught the nation’s elected officials off guard and represents a major blow to one of the main engines of Mexico’s economy.