Ford goes protectionist as EV losses top $5B
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Ford is adopting a protectionist stance as its electric vehicle (EV) losses exceed $5 billion. CEO Jim Farley questions the scope of President Trump's proposed tariffs on imports from Mexico, Canada, and China, suggesting a broader application.
February 06, 2025 | 7:00 pm
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Ford's EV division is experiencing significant losses, exceeding $5 billion, leading the company to adopt a protectionist stance. CEO Jim Farley is questioning the limited scope of President Trump's proposed tariffs, suggesting a broader application.
Ford's significant EV losses indicate financial strain, which may negatively impact its stock price. The CEO's comments on tariffs suggest potential regulatory challenges, adding to investor concerns.
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