Ford CEO Warns of Tariff Impact

DESCRIPTION

In this video segment, Ford CEO Jim Farley discusses the significant implications of proposed tariffs on the U.S. auto industry. He highlights concerns that a 25% tariff on imports from Mexico and Canada could have devastating long-term effects, warning that every manufacturer would face challenges, potentially leading to increased prices and uncertainty for consumers. The analysis underscores the broader impact of President Trump's push for tariffs on foreign goods, amidst mounting apprehension from Republican leaders and industry experts over potential repercussions for American workers and businesses. Stay informed about the evolving trade landscape and its effects on the automotive sector.