Mexico Ford Fallout 'Just the Beginning' for Trump

The transcript discusses the Mexican government's reaction to Ford's decision to cancel a plant in Mexico, highlighting their willingness to modernize NAFTA. It also covers the US reaction, particularly President-elect Trump's influence on corporate decisions and the symbolic importance of job creation. The challenges faced by corporate America in balancing shareholder interests with political pressures are explored, along with the modest job impact and the political accountability Trump faces regarding economic promises.

How did the Mexican government respond to Ford's decision to cancel the plant?

• They expressed regret and mentioned reimbursement for expenses.

• They banned Ford from operating in Mexico.

• They decided to impose tariffs on Ford.

• They offered new tax incentives to Ford.

What was President-elect Donald Trump's reaction to Ford's decision?

• He criticized Ford for canceling the plant.

• He ignored Ford's decision completely.

• He thanked Ford for creating jobs in Mexico.

• He thanked Ford for creating jobs in the U.S.

Why did Ford decide to cancel the new plant in Mexico?

• Because of a new partnership with another company.

• Due to decreased demand for the Ford Focus.

• Because of pressure from the Mexican government.

• Due to increased demand for the Ford Focus.

What challenge does a CEO like Mark Fields face in this situation?

• Negotiating with labor unions for better terms.

• Deciding whether to move the company headquarters.

• Balancing shareholder interests with political pressures.

• Choosing between two competing plant locations.

What is the symbolic importance of the job numbers mentioned?

• They represent a significant portion of the U.S. workforce.

• They show a decline in manufacturing jobs worldwide.

• They indicate a major shift in global employment trends.

• They are a small part of the overall job market but symbolically important.