Ford CEO says 25% tariff on Canada, Mexico would 'blow a hole' in US auto industry
Ford CEO Jim Farley, on the eve of traveling to Washington to meet with members of Congress on President Donald Trump's proposed tariffs, did not mince words Tuesday during an investor conference.
Ford CEO says tariffs could 'blow a hole' in US auto industry
Ford CEO Jim Farley said at an analyst conference that while President Trump wants to help automakers, his Canada and Mexico tariffs could "blow a hole" in the U.S. auto industry.
GM to dodge 50% of tariff costs, Ford sees industry at risk
GM plans to offset up to 50% of tariffs, while Ford warns they could devastate the auto industry, calling the impact "chaos."
Ford CEO decries cost and chaos of Trump tariffs
Ford Motor CEO Jim Farley said U.S. President Donald Trump's proposed and implemented tariffs have added "a lot of cost and a lot of chaos," although Farley said he believes the president aims to strengthen the American auto industry overall.
Trump’s Tariffs Causing Chaos In Auto Industry Says Ford CEO
Ford CEO Jim Farley did not mince words when he said Trump's tariff policy is causing concern and chaos amongst automakers.
Ford CEO: Trump's Tariffs Would Give Non-US Automakers the 'Biggest Windfall Ever'
A 25% tariff on Mexico and Canada would 'blow a hole in the US auto industry,' Jim Farley says, while giving South Korean, Japanese, and European countries an easy leg up.
Trump Causing 'A Lot Of Cost And A Lot Of Chaos' In Auto Market: Ford CEO
“President Trump has talked a lot about making our U.S. auto industry stronger, bringing more production here, more innovation to the U.S., and if this administration can achieve that it would be, I think, one of the most signature accomplishments,” Farley said, per Automotive News. “So far what we’re seeing is a lot of cost and a lot of chaos.”
Ford CEO Warns Trump’s Tariffs Are Causing ‘Chaos’
Ford's CEO Jim Farley says that the introduction of tariffs will add cost and cause chaos in the American auto industry
Ford CEO Sounds Off on Tariffs
Ford Chief Executive Jim Farley said the threat of tariffs and other policy changes emanating from Washington, D.C., have resulted in chaos for the auto industry. While the Trump administration’s bid to spark more domestic manufacturing holds promise,
Trump tariffs creating "costs and chaos" for automakers, CEO says
President Trump's early tariff moves have one thing in common: No matter the target, they all threaten to "blow a hole" in the auto industry, Ford CEO Jim Farley said Tuesday. Why it matters: Whether the tariffs are national (Canada,
Ford CEO warns of possible layoffs in 4 states that voted for Trump: ‘A lot of chaos’
It’s chaotic and U.S. jobs could be at stake — including in four states that voted for Donald Trump in 2024. That’s the ...
Ford Chief Executive Says Trump Policies May Lead to Layoffs
The executive, Jim Farley, said President Trump’s tariff and auto policies would raise costs and could force the automaker to ...
34 imported vehicles that could see price hikes under Trump's tariff plan
Canada are set to take effect on Tuesday, particularly impacting the automotive industry, which relies heavily on trade.
Ford Motor (F)’s Mexico Problem: Jim Cramer Says Trump’s Tariffs Could Hit Hard
We recently published a list of Jim Cramer Discusses These 11 Stocks & President Trump. In this article, we are going to take ...