Michigan: Ford Motor Co, fresh from canceling a Mexico factory Donald Trump criticized, expects the incoming president to deliver on promises of tax reform that will benefit US manufacturers.
“The environment is probably the best it’s been in quite some time to actually have tax reform,” Mark Fields, Ford’s chief executive officer, said on Friday at CES, formerly the Consumer Electronics Show, in Las Vegas. “There’s going to be a more favourable business environment for US manufacturing because of Donald Trump.” Fields has been trying to make peace with Trump after the president-elect made Ford a frequent target on the campaign trail. On Tuesday, Ford canceled plans to build a $1.6bn car plant in Mexico.