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

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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/ ]