Ford Motor Company CEO Mark Fields on Tuesday praised President Trump for abandoning the Trans-Pacific Partnership after a breakfast meeting with Trump and other leaders of the U.S. auto industry.
[Daily News| January 24, 2017 |Inside US Trade]
“I would just call out yesterday the president’s decision to withdraw from the TPP,” Ford told reporters outside the White House after the Jan. 24 meeting.
“We’ve been very vocal both as an industry and as a company and we’ve repeatedly said that the mother of all trade barriers is currency manipulation. And TPP failed in meaningfully dealing with that and we appreciate the president’s courage to walk away from a bad trade deal,” he added.
Ford came out against TPP almost instantly after negotiations concluded in October 2015, citing what it called a lack of disciplines on currency manipulation contained in the deal.
