Ford CEO says Trump's tariffs are causing 'chaos' in auto industry

Ford CEO Jim Farley at the company's Dearborn, Michigan, plant where it's building the electric F-150 Lightning on April 26, 2022.DETROIT — President Donald Trump's tariffs, both implemented and just threatened, are causing "chaos" for the U.S. automotive industry, according to Ford Motor CEO Jim Farley.The chief executive of America's second largest automaker described 25% tariffs on steel and aluminum, as well as threatened levies of the same amount on Mexico and Canada as adding "a lot of cost and a lot ...