According to other large US corporations How Amazon and Meta has too ford a donation for the inauguration celebrations of the new US president Donald Trump (78) announced. The car manufacturer is investing $1 million and is providing a fleet of vehicles, a spokesman said on Monday.
Worry about tariffs
The Republican’s planned tariffs on imports from Mexico and Canada and a stop to tax breaks for electric cars could affect US car manufacturers like Ford. A few days ago, CEO Jim Farley (62) expressed his confidence that Trump would listen to his company’s point of view. Farley noted Ford’s role in employment and its importance to U.S. industry.
There was initially no statement from Trump or his transition team. The businessman received record donations of $106.7 million for his first inauguration in 2017.
The current president Joe Biden (82) raised $61.8 million for its 2021 celebrations, including from Pfizer, AT&T and Boeing.