Ford CEO says tariffs could 'blow a hole' in US auto industry
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Ford CEO Jim Farley expressed concerns that President Trump's tariffs on Canada and Mexico could severely impact the U.S. auto industry.
February 11, 2025 | 9:45 pm
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Ford CEO Jim Farley warned that tariffs on Canada and Mexico could severely impact the U.S. auto industry, potentially affecting Ford's operations and profitability.
The CEO of Ford, a major U.S. automaker, has highlighted the potential negative impact of tariffs on Canada and Mexico. This could lead to increased costs and supply chain disruptions for Ford, affecting its stock price negatively in the short term.
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