Trump's Tariffs Causing Chaos In Auto Industry, Says Ford CEO

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Trump's Tariffs Causing Chaos In Auto Industry, Says Ford CEO

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Trump's Tariffs Causing Chaos In Auto Industry, Says Ford CEO

//business-finance.news-articles.net/content/202 .. ausing-chaos-in-auto-industry-says-ford-ceo.html

Published in Business and Finance on Wednesday, February 12th 2025 at 23:20 GMT by Forbes

🞛 This publication is a summary or evaluation of another publication
🞛 This publication contains editorial commentary or bias from the source
🞛 This publication contains potentially derogatory content such as foul language or violent themes

The article from Forbes, published on February 11, 2025, discusses the impact of former President Donald Trump's proposed tariffs on the automotive industry, as highlighted by Ford CEO Jim Farley. Farley criticizes the tariffs, stating they are causing significant disruption and uncertainty within the auto sector. He explains that these tariffs, which were intended to protect American manufacturing, have instead led to increased costs for materials and parts, strained international trade relationships, and potentially higher prices for consumers. Farley also notes that the unpredictability of trade policies has made long-term planning difficult, affecting investment decisions and potentially slowing down innovation in the industry. He calls for a more stable and predictable trade environment to foster growth and competitiveness in the global market.

Read the Full Forbes Article at:
[ https://www.forbes.com/sites/peterlyon/2025/02/11/trumps-tariffs-causing-chaos-in-auto-industry-says-ford-ceo/ ]