• We are currently looking for experienced automotive journalists and editors to join our team.  Make $60k-$80k per year doing what you love. We are also looking for an experienced forum moderator to join our team. See details here. ×

Ford CEO Mark Fields Is For Free Trade, Against TPP

Sponsored Links

This week, Ford CEO Mark Fields sat down with Bloomberg‘s Matt Miller to talk about the current state of things. Following a question about Republican presidential candidate Donald Trump, who’s been notoriously harsh toward the automaker regarding its future manufacturing plans in Mexico, Fields and Miller got on the topic of free trade.

The takeaway: Ford Motor Company is in favor of free trade, but against the Trans-Pacific Partnership. The TPP is a twelve-nation trade agreement pending ratification that has proven to be a highly-contentious issue in some circles.

For CEO Mark Fields, the prospect of currency manipulation in other countries is reason enough not to support the free-trade agreement. “We’re against TPP not because we’re against free trade; we’ve been free traders forever,” he told Miller. “But when you look at some of the countries like Japan… they have [manipulated currency] in the past, and we just want to make sure we’re competing on a level playing field.”

Sponsored Links

Incidentally, opposition toward the TPP might be one issue on which Mark Fields and Donald Trump actually agree; the presidential candidate has publicly decried the deal as being harmful to the US, even calling the agreement “insanity” late last year. Ford’s plans to expand production in Mexico is unrelated to the TPP, but Trump has previously said that if president, he would level a punitive, 35-percent tariff against Mexican-produced Ford parts and vehicles for not keeping that production in the US.

You can watch a clip from the interview on the Bloomberg website.

Sponsored Links
Sponsored Links

Subscribe to Ford Authority
For around-the-clock Ford news coverage


We'll send you one email per day with the latest Ford updates.

It's totally free.

  • Want to see your Ford vehicle or build featured on Ford Authority? We welcome your submissions. See here for details. ×

Written by Aaron Brzozowski

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.

Sponsored Links

Leave a Reply

Your email address will not be published. Required fields are marked *

How The Ford Focus RS’ ‘Drift’ Mode Came About On Accident

Ford GT Buyer Rejection Letters Start Going Out