Over the past few weeks, U.S. President Donald Trump has threatened to impose tariffs of 25 percent on goods imported from Mexico and Canada – though those are on hold, at least temporarily – all while slapping a 10 percent tariff on Chinese goods and 25 percent on imported steel and aluminum. As one might imagine, such moves stand to impact the automotive industry in a big way, and that includes Ford. Recently, Ford CEO Jim Farley stated that these tariffs could cause “a lot of chaos” in the industry, which is why he recently took a trip to Capitol Hill to discuss that topic with lawmakers.
We had very productive meetings on the Hill yesterday. We share and appreciate President Trump’s vision to build a thriving and innovative U.S. auto industry that creates American jobs. As America’s leading auto producer, we look forward to continuing the dialogue with the… https://t.co/Oo8jrA8KNM
— Jim Farley (@jimfarley98) February 13, 2025
“We had very productive meetings on the Hill yesterday,” Farley wrote in a recent post on X. “We share and appreciate President Trump’s vision to build a thriving and innovative U.S. auto industry that creates American jobs. As America’s leading auto producer, we look forward to continuing the dialogue with the administration and lawmakers about how best to achieve this goal.” According to Reuters, Farley met with U.S. Senators Roger Marshall, Elissa Slotkin, and Deb Fischer, along with several House of Representatives lawmakers.
However, the White House didn’t provide a comment on how those talks went or what specific topics the group discussed, outside of Farley’s own comments. Farley did previously note that most of the steel and aluminum that Ford uses currently is sourced domestically, though some of its suppliers get those same materials from other countries, which could have an impact on costs. He noted that he’s more concerned about potential tariffs being implemented on goods coming from Mexico, which he said would prove “devastating” and “blow a hole in the U.S. industry that we’ve never seen.”
Comments
I think losing the #1 position the F-150 held in US sales after 40+ years to Toyota is more “devastating,” or losing $5B year after year on a bad EV overreach, but to each his own. At this point, I see a CEO looking to deflect from his own failings…which are starting to pile up.
Sinking ship, the morons deleted configs and cost cut Super Duty for 25. Why on earth would you touch the line that prints money for Ford.
Consider the idiot that he just spoke with and the six times he went bankrupt. Trump has no clue what he’s doing when it come to the health of businesses…none.
Good thing we have you Mark, we all know you are more successful than Mr. Trump whom I was happy to vote for. Thanks again for your contribution.
Can you lay an egg? If not, why should you be allowed to comment on how tasty or not an egg is, assuming you can afford one?
I agree with Joe Biden. I actually can’t believe I’m admitting that, but in regards to Mark B’s remark, same here.
Now tariffs are Failure Farley’s top priority, that means quality control issues at Ford are permanent as long as Failure Farley is in charge.
Farley is a cry baby whiner . His bet on electric vehicles was a disaster. He has hurt Ford and their stockholders. Time for him to be replaced.
Hard to believe Ford can make the Escape in Louisville, KY, a truck that shares much with the Maverick, but the Maverick is made in Mexico.
No good reason why the Maverick and Bronco Sport can’t be produced here. None.