Ford CEO Says Trump Tariffs Will Damage U.S. Auto Industry
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Ford CEO Jim Farley has expressed concerns that tariffs imposed by former President Trump could harm the U.S. auto industry, potentially threatening billions in profits for American car manufacturers.
February 06, 2025 | 10:15 am
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Ford CEO Jim Farley warns that Trump-era tariffs could significantly impact the U.S. auto industry, threatening billions in profits.
The statement from Ford's CEO highlights a potential negative impact on the company's profitability due to tariffs. This could lead to investor concerns about future earnings, potentially affecting the stock price negatively in the short term.
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