NY grand jury indicts former President Trump
(CNSNews.com) – GOP presidential candidate Donald Trump acknowledged on “Fox News Sunday” that some of his Trump Collection clothing line is made in Mexico, despite his criticism of Ford for building a multi-billion dollar manufacturing plant there.
In June, Trump announced that if he is elected president, he would impose a 35 percent tax on Ford cars, trucks and auto parts that are shipped from Mexico to the United States, payable “simultaneously with the transaction.”
WALLACE: You brought up trade. You would end NAFTA. You would kill the Pacific Trade Agreement. You would impose tariffs on some products like 35 on Ford cars made in Mexico. "The Wall Street Journal" says that you are running as, quote, "the most anti-trade candidate since Herbert Hoover."
TRUMP: OK, so here's the deal. First of all, "The Wall Street Journal" was bought for $5 billion. It's now worth $500 million, OK. They don't have to tell me what to do.
"The Wall Street Journal" has been wrong so many different times about so many different things. I am all for free trade, but it's got to be fair. When Ford moves their massive plants to Mexico, we get nothing. We lose all of these jobs. What do we get out of it? I don't want them to move their plant --
FOX NEWS HOST CHRIS WALLACE: But I want to pick up on that because --
TRUMP: No, the -- the point is, I don't want them to move their plants. I want them to stay in Michigan. I want them to stay in all of the places where they are, or expanded to other places. But I want it to be in the United States. I don't want them to go to Mexico. I don't want them to go to China.
WALLACE: But this brings up the point, the conservative American Enterprise Institute says, look, Donald Trump, he owns a dozen hotels, properties, all over the world. Your Trump Collection clothing line, some of it is made in Mexico –
TRUMP: It's true.
WALLACE: -- and China.
TRUMP: That's true. I want it to be made here.
WALLACE: I know, but the point they say is you're doing just what Ford is, you're taking –
TRUMP: Sure.
WALLACE: -- advantage of a global trading market.
TRUMP: I never dispute that. I put it in my speeches. I say it -- the ties are made in China and different things. I don't want that. I just ordered 4,000 television sets. You know where they come from? South Korea. And yet, we defend South Korea for practically nothing. We have 28,000 soldiers. They're making a fortune.
I don't want to order them from South Korea. I don't think anybody makes television sets in the United States anymore. I don't want to order from South Korea. I want to order from here. I talk about it all the time. We don’t make anything anymore.
Now you look at Boeing. Boeing’s going over to China. They’re going to build a massive plant because China’s demanding it in order to order airplanes from Boeing. So Boeing now is going to China, building a massive plant. I don’t want that. I don’t want that.
Trump said in June that if elected president, he would immediately call the CEO of Ford - who he knows personally.
“I would call up the head of Ford – who I know – if I was president. I’d say, ‘Congratulations, I understand you’re building a nice $2.5 billion car factory in Mexico, and then you’re going to take your cars and sell them in the United States – zero tax – just flying them across the border,’” Trump said at a June 16 news conference.
“I’d say, ‘Congratulations, that’s the good news. Let me give you the bad news – every car, and every truck, and every part manufactured in this plant that comes across the border, we’re gonna charge you a 35 percent tax. Okay? And that tax is going to be paid simultaneously with the transaction, and that’s it,’ Trump added.