Ford CEO Jim Farley pushes for domestic production advantages in reopened USMCA trade talks
By
Michael Wayland
Summary
Ford CEO Jim Farley is calling for a more level playing field in the reopened USMCA trade negotiations, arguing that automakers like Ford which produce most of their vehicles domestically should be rewarded, while competitors like GM and Toyota that rely more heavily on imported vehicles should face greater penalties. Ford assembled over 2 million vehicles in the U.S. last year, more than any other automaker.
Source
bskyFord CEO Jim Farley pushes for domestic production advantages in reopened USMCA trade talkscnbc.comKey quotes
· 2 pulledHe told CNBC he wants automakers such as Ford that largely produce their vehicles domestically to be awarded under the deal.
It's imperative that any new agreement makes it easier, not harder, to compete with U.S. makers
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