Mexico Newspapers Scream: DEY TURK ERR JERBS!!!

Credit: South Park

Ford Motor Company’s cancel­la­tion of plans to build a $1.6 billion auto manufac­tur­ing plant in San Luis Potosi has sound­ed alarms through­out Mexico.

Even as the country is being rocked by rowdy nation­wide protests again­st a Jan. 1 gasoline price hike, the Ford news led the front pages of Mexico’s most influ­en­tial newspa­pers on Wednes­day, and they tied the devel­op­ment direct­ly to President-elect Donald Trump.

“Trump leaves Mexico without 3,600 jobs,” read the headline on El Univer­sal. “Ford’s braking jolts the peso,” said Refor­ma, refer­ring to the Mexican currency’s nearly 1 percent slump follow­ing the news.

“The jobs creat­ed in Mexico have contribut­ed to maintain­ing manufac­tur­ing jobs in the United States which other­wise would have disap­peared in the face of Asian compe­ti­tion,” the Mexico Econo­my Depart­ment said.

Mexicans have been nervous about Trump’s tough rhetoric toward their country, includ­ing disparag­ing remarks about immigrants who come to the U.S. illegal­ly and vows to wall off the border and renego­ti­ate the North Ameri­can Free Trade Agree­ment, upset­ting ties with what is by far Mexico’s largest trading partner.

Two weeks before inaugu­ra­tion, the scuttling of the planned Ford facto­ry and Trump’s pressure on Gener­al Motors should be a “much-needed wake-up call,” said Mexico analyst Alejan­dro Hope.

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