But he singled out other automakers who import cars from outside America and pay no tariffs imposed whatsoever, claiming the current tariff scheme targeting select countries isn't

Farley also defended Ford’s U.S. manufacturing footprint, pointing out that about 80% of Ford vehicles sold in the U.S. are made in the country. What’s more, all of Ford’s t

For months, automakers have been taking a “wait-and-see” approach to the Trump administration’s potential tariffs.

The auto industry is bracing for impact after President Donald Trump confirmed Thursday that he will impose 25% tariffs on Canada and Mexico starting Saturday.

Jim Farley, CEO of Ford (F) has joined the rest of the auto industry to warn Trump against them. He reasoned that the US profits would be run over if you hit the world with tariff hikes. Tariffs have hit the motor industry the most.

Ford Motor Co (NYSE: F) chief executive Jim Farley is concerned that President Trump’s planned tariffs could do more harm than good to the US automotive industry. Raising tariffs against China, Mexico,