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Ford CEO calls for 'comprehensive' tariff analysis for all countries
FFord Motor(F) CNBC·2025-02-06 00:10

Core Viewpoint - Ford Motor CEO Jim Farley emphasizes the need for a comprehensive tariff policy in the automotive industry, particularly in light of potential tariffs on Canada and Mexico, while highlighting the existing import practices of competitors like Toyota and Hyundai [1][2][3] Group 1: Tariff Policy - Farley advocates for a thorough examination of tariff policies affecting the automotive sector, suggesting that any new tariffs should not selectively target specific countries [1][3] - The CEO points out that significant numbers of vehicles are imported from Japan and South Korea without facing the same tariffs that could be imposed on Canada and Mexico, creating an uneven playing field [2][3] - He warns that a piecemeal approach to tariffs could disadvantage domestic manufacturers and benefit foreign competitors [3]