Get 40% Off
👀 👁 🧿 All eyes on Biogen, up +4,56% after posting earnings. Our AI picked it in March 2024.
Which stocks will surge next?
Unlock AI-picked Stocks

Facing Trump criticism, Goodyear says employees can wear clothes supporting police

Published 08/20/2020, 03:27 PM
Updated 08/20/2020, 06:26 PM
© Reuters. FILE PHOTO: A U.S. flag flies at a Goodyear Tire facility in Somerville

By David Shepardson and Andrea Shalal

WASHINGTON (Reuters) - Goodyear Tire (O:GT) Chief Executive Rich Kramer said on Thursday the company had clarified its policy to make clear employees can wear apparel expressing support for law enforcement after it faced a boycott call from U.S. President Donald Trump.

The Republican president, who is seeking a second term in office, told reporters on Wednesday he would swap out the Goodyear tires on his presidential limousine if there were an alternative.

Goodyear on Thursday said it had a longstanding policy of asking employees of refraining from working place expressions of support for any political candidates.

Trump accused the Ohio-based company of "playing politics" by forbidding workers from donning the "Make America Great Again" caps favored by his supporters.

"Don't buy GOODYEAR TIRES - They announced a BAN ON MAGA HATS," he wrote on Twitter Wednesday, referring to his slogan "Make America Great Again" often emblazoned on baseball caps.

Trump said it was "disgraceful" that the company would prevent employees from wearing attire supporting the 'Blue Lives Matter' movement that supports law enforcement, while allowing support for other causes.

Goodyear said a widely circulated image created by a plant employee that triggered the controversy was not created or distributed by the company's corporate group.

The image spelled out appropriate and inappropriate displays, with 'Black Lives Matter' and 'Lesbian, Gay, Bisexual, Transgender Pride' deemed acceptable, while 'Blue Lives Matter' and 'MAGA Attire' were not.

Kramer said Goodyear "strongly supports" law enforcement noting it has supplied tires to police and fire vehicles for more than 100 years. "That relationship is foundational to our company," Kramer wrote employees Thursday. "Goodyear has always supported both law enforcement and equal justice."

3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads .

Shares in Goodyear fell as much as 6% on Wednesday after Trump's tweet, but pared some losses to close down 2.4%. Goodyear shares fell 0.4% Thursday to $9.46.

The White House did not comment on Goodyear's new statement, but White House economic adviser Larry Kudlow earlier defended the boycott call, saying Goodyear should change its workplace policy to allow political speech.

Latest comments

you just can't ban kneeling during an anthem, that is played for the FANS, NOT THE PLAYERS. Do you kneel anywhere else? Why not every chance, like at your press conference?
It is safe to pander left. All companies do not just Goodyear.
Another poor choice, good managment would ban all political and SJ apparel at the workplace, right or left. Thats just me though...
I thought his limousine “the beast” had goodyear tires
Too late I will NEVER buy another Goodyear tire. A+ on the damage control, however. I have never seen a CEO scramble like this before.
Cooper if you want American made. I prefer Michelin myself.
michelin is french, great tires though
Since when is not wanting rampant lawlessness party based?
Nice try for favoring their preferred political party :/
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.