Ford Authority

Donald Trump Holds $500k Or More In Ford Stock

Presumed Republican nominee for the White House Donald Trump holds stock in many of the same companies he’s bashed on the campaign trail, according to financial documents submitted by Trump to the government.

The Detroit News reports that Donald Trump’s public financial disclosure reveals sizeable investments in many companies that he’s criticized harshly for shifting jobs out of the country, including Ford Motor Company. Mr. Trump’s investments in Ford are reportedly worth between $500k and $1 million.

Previously, Donald Trump blasted Ford Motor Company for its $2.5 billion expansion plans in Mexico announced in April of 2015, threatening to impose a punitive 35-percent tax on all cars and parts Ford ships into the US from that country. Again, when Ford announced a new, $1.6 billion small-car plant in the Mexican state of San Luis Potosi, Mr. Trump was quick to decry the news, calling it “an absolute disgrace.”

Despite Donald Trump’s investments in many of the same companies he’s criticized publicly, the presidential candidate seems unlikely to abandon his pointed attacks. “Carrier [air-conditioning] and Ford and Nabisco need to know that there are consequences to leaving and firing people,” he said at an Indiana rally last month. “You can’t just go to another country and make products to sell across our weak borders.”

Aaron Brzozowski is a writer and motoring enthusiast from Detroit with an affinity for '80s German steel. He is not active on the Twitter these days, but you may send him a courier pigeon.

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