his is not temporary or insignificant. Foreign companies are making decisions based in a dynamic never before witnessed in the USA.
Lock, Stock, and Barrel. Gone.
01 May 2025
The foreign companies in the USA have a problem they never had before, their executives from places like Japan can be assaulted by ICE and removed to another country for who knows why and for who knows how long. The entire situation is nothing short of deranged.
With Mazda pulling up stakes to bring their employees home, there will be another company shuttering their doors with loss of federal and state revenues, payment of local property taxes (which will hit schools), and increased unemployment. These are huge dynamics which can't always be predicted exactly, but, as the number of foreign businesses go home the USA will find itself in free fall.
Mazda is a Japanese company that has manufactured cars in the USA since 1970. That is a relationship between a Japanese company for 55 years. Overnight. And I mean on that time line of 55 years, that is an overnight closure and for one reason and one reason only, BECAUSE THE USA IS NOT A RELIABLE PARTNER.
JOE BIDEN DID NOT DO THIS!
There is little chance this decision will be reversed.
These are not easy decisions for any company to make.
January 3, 2025
Mazda North American Operations (MNAO) (click here) today reported total December sales of 40,201 vehicles, an increase of 1.7 percent compared to December 2023. Full-year sales totaled 424,382 vehicles; an increase of 16.8 percent compared to 2023. With 25 selling days in December, compared to 26 the year prior, the company posted an increase of 5.8 percent on a Daily Selling Rate (DSR) basis.
CPO sales totaled 5,931 vehicles in December, an increase of 17 percent compared to December 2023....
So, what exactly does Trump have planned for the workers that are losing their jobs? Not a damn thing. Trump thinks as does Musk that everything will be fine and there will be other jobs. This is irresponsible government.
And what is the majority Republican Congress doing? Making it worse.
May 1, 2025
By Drew Friedman
House Republicans (click here) have advanced a series of proposals attempting to cut costs by reducing the value of federal retirement annuities, increasing contributions into the government’s retirement system, and requiring federal employees to decide between taking a reduced paycheck or keeping their civil service protections....
For those not paying attention, this is called political hubris. It has no real reason to occur, it is simply political bias that singles out federal workers as lazy and over compensated.
I am confident there are unions involved and ultimately if these measures pass they will end up in court and meaningless because it is called CONTRACT LAW.