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Home Featured

Ford, Goldman CEOs Criticize Trump Travel Curbs

by ReportersAtLarge
January 30, 2017
in Featured, Tourism & Culture
Reading Time: 2 mins read
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THE chief executives of Goldman Sachs Group and Ford Motor Co, Lloyd Blankfein, joined the criticism of President Donald Trump’s order to halt arrivals from several Muslim-majority countries, as equity markets fell and the dollar slipped on Monday.

The initial response over the weekend from U.S. corporate leaders to Trump’s order curtailing travel from seven Muslim-majority countries had been fragmented and muted outside the technology sector.

However, on Monday, after a weekend of confusion over how the travel restrictions would be enforced, more companies and unions went public with concerns, although most avoided direct attacks on Trump’s policy.

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United Parcel Service Inc, for example, said it “supports policies that enable the legal movement of people across borders, while also understanding the need to protect national security.”

Goldman Sachs Group Inc Chief Executive, Lloyd Blankfein, was the first major Wall Street CEO to weigh in against the administration’s travel ban. Other financial industry leaders followed on Monday with expressions of concern about the travel order.

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“This is not a policy we support, and I would note that it has already been challenged in federal court, and some of the order has been enjoined at least temporarily,” Blankfein said in a voicemail to employees on Sunday. If the temporary freeze became permanent, he said, it could create “disruption” for the bank and its staff, according to a transcript seen by Reuters.

Ford Executive Chairman Bill Ford Jr. and Chief Executive Mark Fields said in a statement to employees that the company does not support what it called a new U.S. travel ban.

“We do not support this policy or any other that goes against our values as a company,” they said, adding that Ford is not aware of any employees directly affected by the policy.

General Motors Co’s head of human resources told employees in a memo that a few GM employees are from countries affected by the travel order, and added, “at General Motors, we value and respect individual differences.”

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Reporters At Large is the world’s fastest-growing online news platform and public service broadcaster. We’re impartial and independent, and every day we create distinctive, world-class programmes and content which inform, educate and entertain millions of people in Nigeria and around the world.

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Seyi Makinde Growing Oyo Economy Through Tourism
Tourism & Culture

We Remain Committed To Growing Oyo Economy Through Tourism – Makinde

by ReportersAtLarge
June 25, 2025
0

Oyo State governor, 'Seyi Makinde, has reiterated his government's determination to explore tourism development as one of the platforms for...

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Ojo-Lanre Receives Durian NG Award Rural Tourism
Tourism & Culture

Ojo-Lanre Receives Durian NG Award For Excellence In Rural Tourism

by ReportersAtLarge
June 22, 2025
0

In a moment of profound recognition, Barrister Wale Ojo-Lanre, Director-General, Ekiti State Bureau of Tourism Development, was honoured with the...

Read moreDetails
Brazilians Ifa Adherent Delegation Visit Ekiti Sta
Tourism & Culture

Brazilians Ifa Adherent Delegation Visit Ekiti State Bureau Of Tourism

by ReportersAtLarge
June 17, 2025
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The cultural ties between Brazil and the Yoruba heritage were further strengthened on June 16, 2025, as the Director General...

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