Ford CEO warns tariffs on Mexico and Canada could cost 177,000 U.S. jobs and raise car prices.

Ford CEO Jim Farley warns that proposed 25% tariffs on goods from Mexico and Canada could devastate the U.S. auto industry, potentially causing over 177,000 job losses and raising vehicle prices. Farley also expresses concern over the rollback of subsidies for electric vehicles, which could force Ford to lay off workers. He plans to meet with Congress to stress these impacts.

5 weeks ago
134 Articles

Further Reading