Jan 06, 2017 07:09 AM EST

Donald Trump Targets Big Traders And Companies; US Manufacturers Warned

By Kath Bane

US President-elect Donald Trump takes on to his social media account about his plans and strategies. Trump reiterated that he will make the United States a "great magnet for innovation and job creation."

On his Twitter account, Trump criticized the actions and concepts of some companies manufacturing products in other countries and importing it in the United States. He straightforwardly warned the big car companies importing with free car-dealers tax that he will make them pay a huge amount of border tax.

Trump made an option for them to manufacture new models in the US if they do not want to spend much more money paying the border tax. The criticism was particularly directed towards General Motors that plans to bring the Chevy Cruze model from Mexico to the US. Recently, another criticism was targeted to Toyota Motor for designing Mexican-made Corolla cars for the US.

Following his criticism of the company, Ford Motor Co has reportedly dismissed their Mexico manufacturing plant. They announced the expansion of their headquarters in Michigan that will cater to more American employees.

This move earned compliments from Donald Trump wherein he emphasized as the "beginning" of what he plans for the Americans. According to the update on his Twitter, there will be about 700 new jobs that will be opened.

"Thank you to Ford for scrapping a new plant in Mexico and creating 700 new jobs in the U.S. This is just the beginning - much more to follow," he wrote.

Meanwhile, Barry Bosworth, an economist at the Brookings Institution, indicated that companies "can't afford bad publicity." He also claimed that Trump aims to create more job opportunities for his people. NPR reported that his criticisms are meant to the companies planning to build or expand manufacturing operations in Mexico.

Those companies that have long-time plants in the country are insulated. It also seemed like he is targeting individual companies. Thus, people are saying that he is being mean to Mexico as well as to big, renowned company brands.

However, experts claim that Donald Trump's tweets serve as a warning for companies to make adjustments before he will take his office. What do you think about this?

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