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Wed, February 12, 2025

Trump Causing 'A Lot Of Cost And A Lot Of Chaos' In Auto Market: Ford CEO


Published on 2025-02-12 02:40:45 - MSN
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  • Tariffs on Mexico and Canada "would blow a hole in the U.S. industry that we have never seen," he added.

The article from MSN discusses Ford CEO Jim Farley's comments on the impact of former President Donald Trump's policies on the automotive industry. Farley highlighted that Trump's push for higher tariffs on imported vehicles and parts could lead to significant disruptions and increased costs in the auto market. He emphasized that such policies would not only affect pricing but also potentially slow down innovation and the transition to electric vehicles due to the added financial burden on manufacturers. Farley's remarks were made in the context of broader economic discussions about trade policies and their long-term effects on American industries.

Read the Full MSN Article at:
[ https://www.msn.com/en-xl/politics/government/trump-causing-a-lot-of-cost-and-a-lot-of-chaos-in-auto-market-ford-ceo/ar-AA1yQoxK ]
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