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💥 𝐅𝐨𝐫𝐝 𝐁𝐫𝐚𝐜𝐞𝐬 𝐟𝐨𝐫 𝟑 𝐌𝐨𝐫𝐞 𝐘𝐞𝐚𝐫𝐬 𝐨𝐟 𝐓𝐚𝐫𝐢𝐟𝐟𝐬, 𝐒𝐭𝐚𝐲𝐬 𝐒𝐭𝐞𝐚𝐝𝐲 𝐀𝐦𝐢𝐝 𝐑𝐢𝐬𝐢𝐧𝐠 𝐂𝐨𝐬𝐭𝐬❗
Ford CEO Jim Farley confirmed that tariffs on Chinese goods will likely stay in place for at least three more years. Despite a projected $2.5 billion annual impact, Ford remains resilient thanks to its strong U.S. production base, which covers 80% of its domestic sales. The company is offsetting some costs through strategic logistics and cost-cutting measures. However, challenges persist—EV losses could reach $5.5 billion, and Ford has paused its FNV4 EV platform project. While exports to China have halted, the company continues importing some models like the Lincoln Nautilus. Tensions between the U.S. and China remain unresolved, adding uncertainty to the outlook.
#FordStrategy #TradeTensions #EVchallenges #TariffWatch #TradeStories
Ford CEO Jim Farley confirmed that tariffs on Chinese goods will likely stay in place for at least three more years. Despite a projected $2.5 billion annual impact, Ford remains resilient thanks to its strong U.S. production base, which covers 80% of its domestic sales. The company is offsetting some costs through strategic logistics and cost-cutting measures. However, challenges persist—EV losses could reach $5.5 billion, and Ford has paused its FNV4 EV platform project. While exports to China have halted, the company continues importing some models like the Lincoln Nautilus. Tensions between the U.S. and China remain unresolved, adding uncertainty to the outlook.
#FordStrategy #TradeTensions #EVchallenges #TariffWatch #TradeStories
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