Ford’s chief James Farley said the carmaker’s latest earnings call that if Trump’s tariffs were to persist Ford “would have to make some major strategy shifts in the US”.
Ford is aiming to increase its earnings before tax from $7 billion to around $8.5 billion this year that guidance does not factor in the impacts from changes in policy by the Trump administration according to James Farley, Ford’s president, CEO and director.
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Following the enforcement of 25% US tariffs Stellantis is pausing production at plants in Canada and Mexico and laying off 900 staff at plants in the US for the short-term.
The latest US tariffs on vehicle imports and the anticipated tariffs on parts next month could reshape international trade and transport for the automotive sector.
One year after the Francis Scott Key bridge disaster a National Transportation Safety Board report states that it was vulnerable to collapse from vessel collision.
