Ford CEO Isn’t Exactly Thrilled by Trump’s Tariff Strategy

One significant divergence between Donald Trump ’s first term and his 2nd is the bold amount of assent and knee - bending corporal America appears willing to do in response to his average - collapse behavior . But at least one major American administrator is starting to crack under the press of the Trump tariff regimen : Ford CEO Jim Farley isringing the alert bellsfor the American automakers , warn that the impending penalties on imports are going to put a heavy hug on the industry .

While speaking at a Wolfe Research conference in New York on Tuesday , Farleysaidthat Trump ’s policy have so far pass to “ a lot of cost and a bunch of pandemonium . ” Trump has repeatedly talked up the automotive industry , going so far as to take he “ saved ” it during hisInauguration address , but Farley warned that he just might end up tanking it : “ rent ’s be real dependable , long terminus , a 25 % duty across the Mexico and Canadian border would blow a pickle in the US industry that we have never ascertain , ” he say .

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The grille of a Ford truck.