Under pressure on USA jobs, Ford tries new gambit with Trump

Apple Inc (AAPL.O), criticized by Trump for not building products in the United States, is studying the possibility of moving iPhone production to the United States, Japanese news service Nikkei reported on Thursday.

"Ford Chairman Bill Ford Jr. said last month he met with Trump. I owed it to the great State of Kentucky for their confidence in me". "There will be no job impact whatsoever with this move". Trump said in one of two tweets on the subject.

Trump said Thursday that the executive called to tell him "he will be keeping the Lincoln plant in Kentucky-no Mexico". Ford chief executive Mark Fields told the Detroit Free Press on Tuesday that the proposed tariff "could have a huge impact on the US economy". Under a contract negotiated previous year with the United Auto Workers, Ford agreed to invest $700 million in the Louisville plant in return for moving production of the MKC. In a deal with the United Auto Workers union, Ford agreed to invest $700 million in the plant and not cut any jobs, since workers would still make Escapes.

Ford in Louisville operates the Kentucky Truck Plant, which makes primarily the Ford F-Series Super Duty, and, on a smaller scale the Lincoln Navigator; and the Louisville Assembly Plant, which primarily makes the Ford Escape and, on a smaller scale, its luxury cousin, the Lincoln MKC.

Now, with his inauguration marching closer, Trump declared himself the savior of American jobs by claiming that he convinced William Ford, Executive Chairman of Ford, to keep jobs from leaving Kentucky.

But Ford only changed its plans with respect to production of the slow-selling Lincoln MKC crossover SUV, not the plant itself.

Donald Trump tried to take credit for keeping a Kentucky Ford plant in the USA that was never going to leave.

Ford Motor Company has come out against US President-elect Donald Trump's claims on Twitter claiming the company was on the verge of closing its factories and moving to Mexico. But it has also said that the shift would make room for two new products in MI, and that no jobs would be lost as a result of the move.

"Fields said with USA gasoline prices so low, 'it's very hard for us to be able to make money on a vehicle produced in the U.S.' in the small auto segment". The Escape is the far more popular model: Ford has sold more than 258,000 of them this year through October, compared with just under 21,000 MKCs.

That hasn't happened, so what Trump is suggesting here - in as much as 120 characters can suggest something meaningful - is that his cordial businessman's relationship with Ford's chairman has persuaded the company to "keep" jobs in the U.S. that it didn't intend to get rid of.

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