Ford CEO Jim Farley has expressed notable concerns regarding the potential impact of proposed tariffs on the automotive industry. During Ford’s Q4 2024 conference call, Farley stated that the 25% proposed tariffs for imports from Mexico and Canada would have severe consequences. He warned that these tariffs would “delete billions of dollars” from industry profits, … Read more
You can read the full story here: Ford Faces $5 Billion Loss in Electric Vehicle Sector, Turns to Protectionism .