Trump's tariffs are rocking auto industry, Ford CEO says

Ford CEO says tariffs could 'blow a hole' in US auto industry
Ford CEO Jim Farley said at an analyst conference that while President Trump wants to help automakers, his Canada and Mexico tariffs could "blow a hole" in the U.S. auto industry.
Ford CEO: Trump's Tariffs Would Give Non-US Automakers the 'Biggest Windfall Ever'
A 25% tariff on Mexico and Canada would 'blow a hole in the US auto industry,' Jim Farley says, while giving South Korean, Japanese, and European countries an easy leg up.
Ford CEO says 25% tariff on Canada, Mexico would 'blow a hole' in US auto industry
Ford CEO Jim Farley did not mince words with Wall Street on Tuesday, describing the impact from a lasting 25% tariff as being "devastating."
Ford CEO decries "cost and chaos" of Trump tariffs
Ford Motor CEO Jim Farley said U.S. President Donald Trump's proposed and implemented tariffs have added "a lot of cost and a lot of chaos," although Farley said he believes the president aims to strengthen the American auto industry overall.
Ford boss says tariffs will create “cost and chaos”
During the election, Trump promised to enact heavy tariffs on a wide range of imports from countries across the globe. Among those particularly targeted were Canada and Mexico. The two countries share borders with the US and,
Ford CEO says Trump's tariffs are causing ‘chaos' in auto industry
President Donald Trump’s tariffs, implemented or just threatened, are causing “chaos” for the U.S. automotive industry, according to Ford Motor CEO Jim Farley.
US 25% steel tariffs would stack on other levies on Canada, White House official says
U.S. President Donald Trump's planned 25% tariffs on all steel and aluminum imports would be added onto other levies on ...
The EU vows that US tariffs 'will not go unanswered' and will trigger tough countermeasures
European Union chief Ursula von der Leyen vowed on Tuesday that U.S. tariffs on steel and aluminum “will not go unanswered,” ...
EU vows countermeasures to US tariffs; bourbon, jeans, peanut butter, motorcycles easy targets
U.S. tariffs on steel and aluminum “will not go unanswered,” European Union chief Ursula von der Leyen vowed on Tuesday, ...
Beer, not tariffs, will boost US aluminium capacity: Andy Home
If in doubt, double down. Seven years ago President Donald Trump ordered 10% tariffs on U.S. imports of aluminium with the ...
Tariffs 'unlikely to boost US metal industry' - 11 Feb 2025
Scott Lincicome at the US think tank Cato Institute says the tariffs on steel and aluminium are unlikely to provide the boost ...
Report: US Tariffs Could Lead to Higher Onshore Wind Costs
Trump’s move to impose tariffs on allies and political adversaries alike comes in an effort to protect U.S. national security ...
Trump's tariffs lift US metals prices but underscore production struggles
Prices of industrial metals in the U.S. extended gains on Tuesday, reflecting the impact of U.S. President Donald Trump's 25% ...