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Republican presidential candidate and billionaire Donald Trump threatened Ford Motor Co. with punitive taxes if the Dearborn automaker proceeds with a new $2.5 billion Mexican plant that will “take away thousands” of U.S. jobs.

Trump, who announced his plans to run at an appearance in New York on Tuesday, vowed to impose 35 percent taxes on imported Ford vehicles and parts coming from the new Mexican plant.

Trump said he would call Ford CEO Mark Fields — whom he identified only as “the head of Ford” — to explain the “bad news.”



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Donald Trump Says When He Is President, Automakers Will Be Fined For Building Plants Outside Of The US

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