Ford CEO says 25% tariff on Canada, Mexico would 'blow a hole' in US auto industry
Ford CEO Jim Farley did not mince words with Wall Street on Tuesday, describing the impact from a lasting 25% tariff as being "devastating."
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.
Ford’s CEO to warn U.S. lawmakers of ‘devastating’ tariff impact
Ford Motor Co. Chief Executive Officer Jim Farley will travel to Washington on Wednesday to warn members of Congress that the 25% tariffs U.S. President Donald Trump has proposed on Canada and Mexico would “blow a hole” in the U.
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.
Ford CEO warns Trump tariffs will ‘blow a hole’ in the US auto industry like we’ve never seen
As automakers brace for new tariffs on imports from Mexico and Canada, Ford’s CEO Jim Farley is warning the extra costs would be “devastating.” Farley said the additional tariffs, which could go into effect as soon as March 1, would be a “blow a hole” in the US auto industry.
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
"Chaos": Trump's tariffs are rocking the auto industry, Ford CEO says
President Trump's newest round of tariffs is already upending the automotive industry, according to the CEO of Ford Motor Company. Trump signed an executive order on Monday that puts a 25% tariff on all foreign steel and aluminum imports.
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,
Ford CEO sounds the alarm on Trump tariff 'chaos'
President Trump, soon after unveiling new levies on steel and aluminum, said he will be "looking at" potential tariffs on the auto sector.
Ford CEO says Trump's tariffs are causing ‘chaos' in auto industry
President Donald Trump’s tariffs, implemented or just threatened, are causing “chaos” for the U.S. automotive industry, according to Ford Motor CEO Jim Farley.
Ford defends his anti-tariff trip to Washington amid criticism from campaign rivals
Progressive Conservative Leader Doug Ford was in Washington, D.C., on Tuesday to make Ontario's case against U.S. tariffs, ...
Vancouver3h
Here's the latest as Canada faces steel and aluminum tariffs from the United States
U.S. President Donald Trump has announced that he will impose 25 per cent tariffs on all aluminum and steel imports to the ...
Doug Ford arrives in Washington as Donald Trump announces 25% steel, aluminum tariffs
Ford is travelling to the U.S. Capitol in his capacity as Ontario Premier during the provincial campaign, an unusual detour ...