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Ford's Cuautitlán plant in Mexico. Trump is threatening taxes on cars made in Mexico. (Photo: Ford)
Wednesday, July 1, 2015
Quoted

Donald Trump & Mexico: In His Own Words

Transcript of Mexico-related comments by Donald Trump, chairman and president, The Trump Organization.

LATINVEX SPECIAL

Excerpts of Donald Trump’s presidential bid announcement June 16, 2015 based on a transcript from the Federal News Service published in The Wall Street Journal.

MEXICO KILLING US ECONOMICALLY

When do we beat Mexico at the border? They’re laughing at us, at our stupidity. And now they are beating us economically. They are not our friend, believe me. But they’re killing us economically.

MEXICO & JOBS

And our real unemployment is anywhere from 18 to 20 percent. Don’t believe the 5.6. Don’t believe it. That’s right. A lot of people up there can’t get jobs. They can’t get jobs, because there are no jobs, because China has our jobs and Mexico has our jobs. They all have jobs.

I’ll bring back our jobs from China, from Mexico, from Japan, from so many places.

MEXICO & CARS

And, in my opinion, the new China, believe it or not, in terms of trade, is Mexico.

So this man tells me about the manufacturing. I say, “That’s a terrible story. I hate to hear it.”

But I have another one, Ford.

So Mexico takes a company, a car company that was going to build in Tennessee, rips it out. Everybody thought the deal was dead. Reported it in The Wall Street Journal recently. Everybody thought it was a done deal. It’s going in and that’s going to be it, going into Tennessee. Great state, great people.

All of a sudden, at the last moment, this big car manufacturer, foreign, announces they’re not going to Tennessee. They’re gonna spend their $1 billion in Mexico instead. Not good.

Now, Ford announces a few weeks ago that Ford is going to build a $2.5 billion car and truck and parts manufacturing plant in Mexico. $2.5 billion, it’s going to be one of the largest in the world. Ford. Good company. (…)

I would call up the head of Ford, who I know. If I was president, I’d say, “Congratulations. I understand that you’re building a nice $2.5 billion car factory in Mexico and that you’re going to take your cars and sell them to the United States zero tax, just flow them across the border.”

And you say to yourself, “How does that help us,” right? “How does that help us? Where is that good”? It’s not.

So I would say, “Congratulations. That’s the good news. Let me give you the bad news. Every car and every truck and every part manufactured in this plant that comes across the border, we’re going to charge you a 35-percent tax, and that tax is going to be paid simultaneously with the transaction, and that’s it.

Now, here’s what is going to happen. If it’s not me in the position, it’s one of these politicians that we’re running against, you know, the 400 people that we’re (inaudible). And here’s what’s going to happen. They’re not so stupid. They know it’s not a good thing, and they may even be upset by it. But then they’re going to get a call from the donors or probably from the lobbyist for Ford and say, “You can’t do that to Ford, because Ford takes care of me and I take care of you, and you can’t do that to Ford.”

And guess what? No problem. They’re going to build in Mexico. They’re going to take away thousands of jobs. It’s very bad for us.

So under President Trump, here’s what would happen:

The head of Ford will call me back, I would say within an hour after I told them the bad news. But it could be he’d want to be cool, and he’ll wait until the next day. You know, they want to be a little cool.

And he’ll say, “Please, please, please.” He’ll beg for a little while, and I’ll say, “No interest.” Then he’ll call all sorts of political people, and I’ll say, “Sorry, fellas. No interest,” because I don’t need anybody’s money. It’s nice. I don’t need anybody’s money.

I’m using my own money. I’m not using the lobbyists. I’m not using donors. I don’t care. I’m really rich.

MEXICO & THE WALL

I would build a great wall, and nobody builds walls better than me, believe me, and I’ll build them very inexpensively, I will build a great, great wall on our southern border. And I will have Mexico pay for that wall.

When Mexico sends its people, they’re not sending their best. They’re not sending you. They’re not sending you. They’re sending people that have lots of problems, and they’re bringing those problems with us. They’re bringing drugs. They’re bringing crime. They’re rapists. And some, I assume, are good people.

See also Fact Check: Donald Trump Wrong on Mexico