Ford CEO Jim Farley Pushes for Stricter USMCA Terms to Penalize Import-Heavy Rivals
By
Lucas Bell
Summary
Ford CEO Jim Farley is advocating for changes to the USMCA trade agreement (set to expire in 2036) that would make it harder for import-heavy automotive rivals. Farley argues that Ford, which builds more cars in the U.S. than any other automaker, should benefit from trade policies that level the playing field against competitors who rely more heavily on imported vehicles. The Trump Administration has signaled it will not extend the current USMCA past 2036, opening negotiations with Mexico and Canada.
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Key quotes
· 3 pulledFord CEO Jim Farley wants to level the playing field with its import-heavy rivals.
The Trump Administration announced on Wednesday that the USMCA will not be extended in its current form past 2036.
Ford builds more cars in the States than any other car company.
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